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While the Greek debt crisis occupies world leaders at the G20 summit of the biggest economic powers, should we fear the potential fallout here? (BBC News - Q&A: What does the Greek debt crisis mean for the UK?
Fears of debt contagion spread as French borrowing costs increase: Science · Technology · Economics · W...
China’s banking regulator warned lenders that some projects backed by local governments may run out of funds, and loans to property developers are likely to sour as sales slow, a person with knowledge of the matter said.
ReutersEurope Risk Rising For BofA, Goldman, Morgan Stanley, Fitch WarnsForbesFor instance, the value of hedges through credit default swaps (CDS) has been called into question because of a proposed 50% haircut on Greek debt that would not trigger...
German Chancellor Angela Merkel rejected French calls to deploy the European Central Bank as a crisis backstop, defying global leaders and investors calling for more urgent action to halt the turmoil.
Facing rising borrowing costs as its AAA credit rating comes under threat, France appeared to plead for stronger ECB action, adding to mounting global pressure spelled out by U.S. President Barack Obama.
Kiron Sarkar is an investor and advisor in London.
If Greek voters vote no, Greece will default and drop the Euro as its currency, switching to a “New Drachma.” Frontier Strategy Group sees a greater than 50% chance that Greece will leave the (@Joe_Baranowski It gets super complicated, but this is...
Italian bonds led a slump in euro- area government debt as investors abandoned all but the safest assets amid rising borrowing costs at auctions and concern the region’s financial woes are deepening.
Globe and MailFrance may be next domino to fallSydney Morning HeraldWho will pick up the tab? ... while not as troubling as Italy, France's debt exposure is still a concern.
Reuters November 14, 2011 Greece's conservatives vowed on Monday to reject any new austerity measures in return for the aid that is keeping Athens from bankruptcy, signaling a new coalition government may not enjoy the kind of cross-party support...
Not on even a Sunday is the headline barrage over:MARIO MONTI ASKED TO FORM NEW ITALIAN GOVERNMENTMONTI TO MAKE COMMENTS AFTER ACCEPTING OFFER TO LEAD ITALYMARIO MONTI THANKS NAPOLITANO FOR OFFER TO FORM GOVERNMENTMARIO MONTI SAYS ITALY MUST BE...
Sydney Morning HeraldEven as Governments Act, Time Runs Short for EuroNew York Times...
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Nationalized Dutch lender ABN Amro Bank NV Friday swung to a net loss in the third quarter owing to impairments on loans to Greek state-owned companies, and said it remains cautious for the rest of the year as it expects the economy to weaken...
Greece's 2012 budget plan will forecast a budget deficit of 5.4% of GDP if planned debt swap to reduce the country's debt maintenance costs goes ahead.
The level of Italian debt to GDP cannot be brought to sustainable levels without brutal economic reform.
The spread between French 10-year government bonds and their German equivalents rose to a fresh euro-era high of 200 basis points on Thursday on fears that the debt crisis engulfing the euro zone is spreading to its larger economies, with...
French banks are most heavily exposed to Italian debt, according to data from the Bank for International Settlements (French banks most exposed to Italian debt: BIS data < French news | Expatica France
The Federal Reserve Is Now The Largest Owner of U.S. Government Debt - Surpassing China.
And so Europe bites the hand that feeds it:EU's Juncker says that German debt level is a cause for concern according to a German newspaper - RTRSEU's Juncker says Germany has higher debts than Spain but 'no-one wants to know about that' - RTRSWhat...
Wall Street Journal November 15, 2011 The euro-zone economy barely grew in the third quarter despite a temporary bounce in Germany and France, raising fears that the euro bloc may already be sliding into recession as businesses and consumers cut...
Wall Street Journal November 16, 2011 Europe's debt troubles on Tuesday spilled over to top-rated nations that had been largely untouched by the crisis—including Austria, the Netherlands, Finland and France—in an ominous sign for European policy...
Financial Times November 14, 2011 Greece has met financial requirements for an €8bn loan payment but still has to reassure “taxpayers abroad” that it is fully committed to implementing the terms of an international bail-out, the country’s new...
Soaring interest rates on Italian government bonds over the last five weeks show how quickly the market can send a powerful message to debtor nations: You've borrowed enough. So where is that market comeuppance for the U.S.
New York TimesEurope's Woes Pose New Peril to Recovery in the USNew York TimesTimothy F. Geithner, center left, and Mario Draghi, right, the European Central Bank president, with others in Cannes, France.
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