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The Local
| 11 months ago
The most probable outcome is that you end up with some kind of default in Greece," Borg said in an interview with Sveriges Radio (SR). "Considering the way the situation has been handled so far, one cannot rule out that (Greece) will fall into...
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The Globe & Mail
| 11 months ago
Employment Italy's Prime Minister Mario Monti addresses a news conference after a European Union leaders summit in Brussels on June 29. Euro Zone Italy's Prime Minister Mario Monti speaks to the media as he leaves a two-day European Union leaders...
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The Nation
| 11 months ago
00 am Economic ministers have outlined measures across six areas to counter the intensifying impact of the euro-zone crisis, as associated risks remain significant despite the agreements reached by European Union leaders last week. After a meeting...
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BBC
| 11 months ago
Italy's budget deficit widened in the first three months of the year, according to official government data from Istat. The gap between government spending and tax receipts in the first quarter rose to 8% of gross domestic product (GDP) , up from 7%...
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Associated Press
| 11 months ago
The measures are among those in a revised 2012 budget draft presented at a Cabinet meeting Wednesday. It will go to parliament later this month, where it is expected to win approval. France's new leadership has criticized austerity measures imposed...
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The Courier-Mail
| 11 months ago
Prime Minister Jean-Marc Ayrault has urged the French to rally behind efforts to tackle a "crushing" debt burden after an audit warned of a 43 billion euro ($A53.09 billion) budget hole. Socialist government's agenda in parliament, also admitted the...
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International Business Times
| 11 months ago
Greater banking integration in the euro zone would not necessarily be a fundamental change for Britain as long there are proper safeguards in place, British Prime Minister David Cameron said on Tuesday. Must Read Sponsorship Link "If the 17 countries...
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International Business Times
| 11 months ago
The post-EU summit rally was limited by weaker-than-expected macroeconomic data released in the US and the Eurozone. Moreover, investors began to concern that the lack of details in the many proposals in the summit statement would suggest problems in...
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Asian Wall Street Journal
| 11 months ago
Finland took issue Monday with the European Union's decision to use the bloc's new, permanent rescue fund to buy government bonds from private investors in a bid to end the ... Finland took issue Monday with the European Union's decision to use the...
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BBC
| 11 months ago
Under pressure from Italy and Spain the 17 eurozone leaders agreed to ease the mechanism for bond purchases. Germany's top court will soon consider legal challenges to the ESM. On 10 July the German Constitutional Court in Karlsruhe will examine...
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MarketWatch
| 11 months ago
Amylin, Lincare MarketWatch's rundown of corporate headlines of interest to investors early Monday...Europe stocks rise as investors await ECB Bourses trade broadly higher, extending Friday's end-of-quarter gains as investors look to the European...
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Turks and Caicos Free Press
| 11 months ago
Finland and the Netherlands , the euro zone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency bloc's debt crisis. The Finnish government...
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Independent
| 11 months ago
Finnish government said on Monday, while The Netherlands also indicated opposition to the bond-buying idea. Comments suggesting a rough time ahead for the idea followed euro zone leaders' agreement at a summit last week to take steps to shore up...
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Reuters
| 11 months ago
Topics Finland's Prime Minister Jyrki Katainen leaves a two-day European Union leaders summit in Brussels early June 29, 2012. Finland and the Netherlands, the euro zone's most hardline creditor states, cast the first doubts on Monday on a European...
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Independent
| 11 months ago
Monday July 02 2012 THE euro dipped on Monday as the euphoria over last week's deal to tackle its escalating debt crisis ebbed, and weak economic data around the world fuelled concerns over the growth outlook. Oil and other commodities also gave up...