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Summit

Summit 12/12/2011

17:52 : EU warns Britain: financial rules apply to you too - Commissioner Olli Rehn says City of London will still be subject to regulation from BrusselsThe European commission on Monday underlined the negative impact of David Cameron's summit gambit by pledging that the City's financial institutions ...
Source : guardian-co-uk
17:52 : FTSE slumps nearly 2% on eurozone worries, but chipmaker CSR jumps on ... - Concern that EU summit will do little to solve crisis sends markets sharply lowerOn a day when markets suffered more eurozone jitters and US chipmaker Intel warned on revenues, a couple of UK technology companies bucked the ...
Source : guardian-co-uk
16:42 : Wall Street falls 1% in early trading on eurozone woes and Intel revenue ... - Worries grow about Friday's European summit deal, as investors await news from S&PThe FTSE 100 is at its lows for the day as Wall Street joins other global markets in the general decline on continuing eurozone worries.The ...
Source : guardian-co-uk
15:43 : European Stocks Retreat on Moody's Review; Axa, LSE Lead Decline - European stocks retreated for the fourth day in five as Moody's Investors Service said it will review the credit ratings of all countries in the region following last week's debt summit.
Source : businessweek-com
15:27 : Imperial Tobacco in demand as FTSE 100 slips back on eurozone woes - Cigarette companies wanted for defensive qualities, but investors still nervous after EU summitOn an uncertain day in the markets as investors pore over the details of Friday's eurozone summit, Imperial Tobacco is one company ...
Source : guardian-co-uk
14:24 : Will David Cameron's veto protect the City? - David Cameron refused to sign up to the new EU treaty after his demands for greater protection of the City were rejected. Polling suggests 57% of the public support his decision and the Tory backbenchers are thrilled. But will his veto help protect the ...
Source : guardian-co-uk
13:08 : FTSE 100 slips as Europe sentiment ebbs - LONDON Dec 12 (Reuters) - Banks were under pressure as Britain's top shares drifted lower by midday on Monday in low volumes, with RBS weaker as investors digested a report into its near-collapse in 2008, and on disappointment ...
Source : reuters-com
10:44 : Fundamental Oil Report (2011-12-12) - Crude oil is joining a downside wave as it declined since the opening of today’s trading amid high uncertainty among global markets as the EU summit didn’t beat all the fears that stuck in markets, where Moody’s has added more ...
Source : ibtimes-co-uk
10:04 : FTSE slides amid bitter aftertaste from euro summit - UK index dips below 5,500 as strategist says talks last week were of little practical value in fighting the 'existential' fire consuming the eurozone.
Source : citywire-co-uk
09:37 : ENRC slumps 5% on SFO news, as markets remain cautious on eurozone summit - Kazakh miner leads FTSE 100 fallers after fraud allegations, while RBS drops after FSA reportMining groups and banks are heading lower as investors continue to worry about the outcome of the eurozone ...
Source : guardian-co-uk
09:22 : European shares fall as investors wary - The euro and European stocks fell today as a landmark move toward deeper economic integration at last week's EU summit failed to convince investors its sovereign debt crisis would not continue to deepen.
Source : irishtimes-com
08:20 : Eurozone crisis live: S&P downgrade verdict due amid summit fallout - • S&P decision on Eurozone downgrades awaited • Italy and France set to hold debt auctions • Greece begins talks on new bailout package • Italian unions to stage 4-hour strike in protest at austerity ...
Source : guardian-co-uk
07:19 : FTSE seen higher on EU summit - LONDON (Reuters) - European shares are set to rise on Monday, adding to Friday's advance on the region's move towards deeper economic integration to prevent future debt crises, although gains could be short lived as concerns about ways to solve the present ...
Source : reuters-com
07:10 : European Factors-Shares seen higher on EU summit - LONDON, Dec 12 (Reuters) - European shares are set to rise on Monday, adding to Friday's advance on the region's move towards deeper economic integration to prevent future debt crises, although gains could be short lived as concerns about ways to solve ...
Source : reuters-com
05:43 : Clegg 'bitterly disappointed' with Cameron but says coalition is safe - BRITISH Deputy Prime Minister Nick Clegg exposed coalition tensions over Europe yesterday when he said he was "bitterly disappointed" by the outcome of the European Union summit and had told Prime Minister David Cameron it was "bad for Britain".
Source : independent-ie
01:02 : EU summit may not calm investors for long - BERLIN (Reuters) - Last week's EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one, and as on previous ...
Source : reuters-com
01:02 : Insight - The day Europe lost patience with Britain - BRUSSELS (Reuters) - It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with EU founding members France and ...
Source : reuters-com

Summit 11/12/2011

23:58 : EU veto exposes strains in coalition - LONDON (Reuters) - Divisions over Europe within the coalition government were exposed on Sunday when David Cameron's deputy said an EU summit that ended with the prime minister deploying his veto was a "bitter disappointment" and "bad for ...
Source : reuters-com
23:10 : Bundesbank rejects Europe's IMF funding ruse - Germany's Bundesbank has raised serious objections to EU summit plans to shore up Italy and Spain by channelling up to €200bn (£170bn) from central bank reserves through the International Monetary Fund (IMF).
Source : telegraph-co-uk
21:39 : Letters: England's dreaming and EU realities - Observing David Cameron cutting such a pathetic figure at the current European summit, isolated and friendless, I am inexorably drawn to the conclusion that his and his party's aspiration for the UK amounts to little more than becoming an ...
Source : guardian-co-uk
21:01 : Merkel's Teutonic summit enshrines Hooverism in EU treaty law - Angela Merkel's summit has sealed a 1930s outcome for Europe, further entrenching Germany's misguided and contractionary policies without offering any viable way out of the crisis at hand.
Source : telegraph-co-uk
20:36 : Greece's euro future: the speculation goes on - When Nicolas Sarkozy said 'some' should clearly not have joined the euro club, Greece was no doubt on his mind More than once, the debt-burdened Greeks have heard how they should never have entered the single currency. And ...
Source : guardian-co-uk
20:35 : The future of the euro: when summits solve nothing | Editorial - The eighth meeting of European leaders this year represents a very small advanceBefore last week's summit in Brussels turned into a crisis of the European Union, it was meant to resolve the crisis of the euro. How did it score ...
Source : guardian-co-uk
20:35 : Eurozone crisis: who will be the losers in the ratings war? - After last week's EU summit, all eyes are on Standard & Poor's verdict on the eurozone economiesLast week's EU summit transformed politics, at least in the UK, but did it improve the economics of resolving the ...
Source : guardian-co-uk
17:17 : France fears credit rating cut despite bid to ease eurozone crisis - Economists claim French could suffer two-notch credit downgrade as economic conditions deteriorateFrance is preparing for the possible loss of its prized triple A credit rating, held since 1975, which the markets fear is possible despite last week's ...
Source : guardian-co-uk
11:19 : EU summit fallout: Clegg fury at Cameron's tactics - live updates - • Clegg accuses Cameron of endangering economy • British firm fearful of long-term loss of influence in Europe • Eurosceptics told to calm down • Paddy Ashdown: PM has wrecked years of foreign policy10.52am: Former Lib Dem leader Lord Ashdown underlined ...
Source : guardian-co-uk
11:19 : Clegg 'bitterly disappointed' with Cameron EU treaty veto - Deputy prime minister's anger at David Cameron's tactics at European summit emerges after he initially backed moveThe deputy prime minister, Nick Clegg, has admitted he was "bitterly disappointed" by the outcome of last week's European summit ...
Source : guardian-co-uk
01:38 : France may now be downgraded, says ratings agency - Nicolas Sarkozy's political triumph in Brussels may be fast overshadowed by growing economic grief, experts warned yesterday. The spectre of France losing its much cherished triple-A credit rating loomed larger as the dust settled on the ...
01:14 : Now it's three-speed Europe. And we're left on the hard shoulder | Andrew ... - This abject defeat for British diplomacy is the more striking because Mr Cameron's demands were quite modestVeto is a powerful word. It sounds presidential. It smacks of decisiveness. It rings with defiance. So in every interview he has given since the ...
Source : guardian-co-uk
01:14 : The political and personal failings of David Cameron | Observer editorial - The prime minister's catastrophic performance has left Britain isolated and impotentShow some bulldog spirit in Brussels, urged one Eurosceptic Tory MP at prime minister's questions last Wednesday. "I will," replied David Cameron. He knew already from ...
Source : guardian-co-uk
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