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Eurozone 08/02/2012

01:02 : GlaxoSmithKline clears cash from eurozone on a daily basis - GlaxoSmithKline is clearing cash out of eurozone countries on a daily basis to protect itself against a potential banking and liquidity crisis in the region.
Source : telegraph-co-uk

Eurozone 07/02/2012

13:51 : Debt Crisis: Europe could survive if Greece left the eurozone – EU official - GREECE could leave the eurozone without damaging the monetary union, Dutch vice-president of the European Commission Neelie Kroes said in an interview.
Source : independent-ie
11:27 : Greek impasse raise fears of 'Grexit' - Against the backdrop of still to be concluded Greek talks over the latest bailout for the debt-choked country, Citigroup has raised its estimate of such an unravelling of Greece's situation to 50%Word of the day is Grexit. It has been ...
Source : guardian-co-uk
11:23 : Debt Crisis: Greece could leave euro without damaging monetary union – ... - GREECE could leave the eurozone without damaging the monetary union, Dutch vice-president of the European Commission Neelie Kroes said in an interview.
Source : independent-ie
08:06 : Eurozone crisis live: Greece hit by general strike as EU piles on pressure - Greek unions are protesting against austerity measures in a 24-hour walkout, as Lucas Papademos prepares to meet the leaders of the country's three main political parties7.52am: Good morning, and welcome to today's rolling coverage of the eurozone ...
Source : guardian-co-uk
00:05 : Europe can't cut and grow | Sony Kapoor and Peter Bofinger - The EU needs a growth compact, not a fiscal one. Swift action on tax and jobs is the way out of the crisisOverspending by governments, we have been told, triggered this crisis. The cure thus lies in immediate austerity, hence last month's German-led ...
Source : guardian-co-uk

Eurozone 06/02/2012

15:26 : Eurozone crisis: Brussels gets tough as Greek resistance grows - Eurozone leaders ready to write-off 70% of bank loans to Greece but only if Athens delivers further cuts in pay and pensionsAs we wait for the outcome of talks in Athens, it is worth taking a minute to see how the various ...
Source : guardian-co-uk
07:50 : Eurozone crisis live: Greece faces deadline over second bailout - The Greek government must tell the European Union later today whether it accepts the terms of the €130bn rescue package, as talks with its creditors falter7.45am: Good morning, and welcome to our rolling coverage of the eurozone financial ...
Source : guardian-co-uk
07:50 : Use Rio+20 to overhaul idea of growth, urges EU climate chief - Connie Hedegaard says GDP model of growth causes overconsumption, drives up commodity prices and ignores the environmentThe world must use a landmark environmental summit this year to change forever the current damaging model of economic ...
Source : guardian-co-uk

Eurozone 05/02/2012

11:09 : DAN ATKINSON: A guarantee of permanent austerity in the eurozone countries - Germany's real achievement at last week's EU summit was the inclusion in the fiscal compact of what amounts to a balanced budget rule on eurozone countries.

Eurozone 03/02/2012

18:44 : Euro Falls on Disappointing News - Euro is lower today, thanks to disappointing news coming out of the eurozone. The 17-nation currency is pulling back on falling retail sales and a disappointing bond auction in Portugal. Even the general ...
Source : topforexnews-com
08:36 : Eurozone crisis live: Eurozone retail sales could dent optimism - • Figures out at 10am expected to show fall • Today's agenda • Live blogging now @MartinFarrer8.05am: We're all set for another day in the life of the eurozone crisis and here are the main events in and around that today:• First we're ...
Source : guardian-co-uk
00:03 : US Fed's Ben Bernanke warns on eurozone stress - The chairman of Federal Reserve said that there have been "positive" developments in eurozone debt crisis in recent weeks, but warned that a slow US recovery remains vulnerable to any shock from the troubled region.
Source : telegraph-co-uk

Eurozone 02/02/2012

21:55 : Debt crisis: as it happened - February 2, 2012 - US Fed chairman Ben Bernanke warns that the country must rein in spending and create a sustainable budget in order to avoid a debt crisis similar to that seen by Italy and Spain in the eurozone.
Source : telegraph-co-uk

Eurozone 01/02/2012

19:51 : Bundesbank sinks deeper into debt saving Europe - Germany's Bundesbank has entirely exhausted its stock of private assets and run up a quarter of a trillion euros in liabilities propping up the eurozone system, testing the political limits of EMU solidarity in Germany.
Source : telegraph-co-uk
17:50 : FTSE 100 close to a six month high as manufacturing data reassures - Investors heartened by PMI figures from across the globe, but eurozone crisis still hovers in backgroundLeading shares moved close to a new six month high after better than expected manufacturing surveys from key economies including China, ...
Source : guardian-co-uk
14:43 : US Dollar Drops as Optimism Returns to Markets - US dollar is lower across the board right now, dropping as optimism returns to the market in the form of better economic news. The news is especially encouraging in Europe, where eurozone manufacturing has expanded. Even in ...
Source : topforexnews-com
10:19 : Icap warns on profits - and sees shares jump, while FTSE climbs again - Interdealer broker sees signs of optimism despite cutting forecasts due to eurozone crisisHere's something of a novelty - a profit warning which has seen the company's shares soar.Icap, the interdealer broker, said full year profits would ...
Source : guardian-co-uk
09:15 : Eurozone crisis live: Manufacturing data shows state of global economy - Profusion of industrial statistics will illustrate how the global economy is faring, as Greek debt talks stumble9.03am: Manufacturing output across the eurozone also fell in January, for the sixth month running.Markit's overall PMI came ...
Source : guardian-co-uk

Eurozone 31/01/2012

17:28 : FTSE comes off best levels, but Apple supplier Arm gains after forecast ... - Hopes of a Greek settlement lift shares, but disappointing US data takes off the shineArm was one of the day's biggest gainers as markets edged higher on hopes of progress in the eurozone debt crisis.The chip designer, whose processors ...
Source : guardian-co-uk
09:05 : Eurozone crisis live: Greece back in spotlight after EU summit - • The key points from Monday's summit • Today's agenda8.34am: If you're catching up on events in Brussels yesterday, here are the key points from the summit:• 25 countries endorsed the fiscal pact. They agreed to enshrine balanced ...
Source : guardian-co-uk
09:04 : Politics Live blog: David Cameron's Commons statement on EU summit - Rolling coverage of all the day's political developments as they happen, including David Cameron's Commons statement on the outcome of the EU summit8.50am: David Cameron has got some explaining to do. He will be makling a statement in the Commons at ...
Source : guardian-co-uk
00:03 : Ben Chu: This was not the crisis summit... the worst is yet to come - For once, this was not billed as a summit to save the eurozone. We have had so many of those in recent months that officials presumably decided the eurozone could do with a break from being saved.

Eurozone 30/01/2012

22:35 : Portuguese storm gathers as EU leaders fight over Greece - Surging borrowing costs in Portugal have raised the spectre of a second full-fledged contagion crisis in the eurozone, eclipsing the latest efforts by European Union leaders in Brussels to agree on Europe's bail-out machinery ...
Source : telegraph-co-uk
20:28 : EU summit edges towards new eurozone treaty - German chancellor Angela Merkel appears to be getting on the fiscal compact, but is increasingly isolated over GreeceGermany's campaign to set the terms for saving the euro was heading for success on Monday with EU leaders edging towards ...
Source : guardian-co-uk
14:36 : US Dollar Rises as Greece Takes Center Stage - US dollar is rising as Greece once again takes center stage in the world markets. Greenback is gaining as concerns about what's next for Greece #8212; and the eurozone #8212; weighs on risk currencies, ...
Source : topforexnews-com
11:42 : Debt Crisis: Minister warns no vote to referendum on treaty would leave ... - EUROPEAN Affairs Minister Lucinda Creighton has warned that if voters say no to the new fiscal treaty, Ireland would probably have to leave the eurozone.
Source : independent-ie
10:00 : Politics Live blog: Ed Miliband's speech on Scotland staying in UK - Rolling coverage of all the day's political developments as they happen9.33am: William Hague (left) was actually invited on to the Today programme to talk about today's informal EU summit, not Stephen Hester's bonus. At the weekend it emerged ...
Source : guardian-co-uk
08:46 : Eurozone crisis live: Greek bankruptcy fears loom over EU summit - European leaders will gather in Brussels today for another summit meeting, but the situation in Greece remains fraught8.26am: If you missed Lucas Papademos's warning last night, here's how the Greek PM described the importance ...
Source : guardian-co-uk

Eurozone 29/01/2012

22:46 : The euro: more summits, more problems - Europe's policymakers are more interested in bailing out bankers than the real economyNot for the first time, the eurozone is set to make a huge mistake. Actually, make that two: one political, the other economic. At its summit ...
Source : guardian-co-uk
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