Reuters – European Central Bank President Jean-Claude Trichet said on Saturday more ambitious reforms of euro zone budget rules were needed than those proposed by the European Commission.
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ECB’s Trichet: euro zone needs stricter fiscal reforms (Reuters)
Posted on 16 October 2010.
Posted in Stock Market, Stock market - EuropeComments (0)
Euro zone growth strong in Q2 but seen flagging
Posted on 06 October 2010.
BRUSSELS (Reuters) – Euro zone growth rates jumped in the second quarter but consumer demand contributed less than expected to the rebound, data showed on Wednesday, fuelling concerns the region’s recovery is about to run out of steam.
Posted in Stock market - EuropeComments (0)
Soros blames Germany for Europe “deflation spiral” (Reuters)
Posted on 06 October 2010.
Reuters – Billionaire investor George Soros blamed Germany for leading the implementation of austerity measures that will throw the euro zone into a “deflation spiral.”
Posted in Stock Market, US MarketsComments (0)
Soros blames Germany for Europe “deflation spiral”
Posted on 06 October 2010.
NEW YORK (Reuters) – Billionaire investor George Soros blamed Germany for leading the implementation of austerity measures that will throw the euro zone into a “deflation spiral.”
Posted in Stock market - EuropeComments (0)
Soros blames Germany for Europe “deflation spiral”
Posted on 06 October 2010.
NEW YORK (Reuters) – Billionaire investor George Soros blamed Germany for leading the implementation of austerity measures that will throw the euro zone into a “deflation spiral.”
Posted in Stock market - EuropeComments (0)
Gold extends losses on weaker euro; debt worries
Posted on 05 October 2010.
Gold extended losses as renewed concerns about euro-zone debt put pressure on the euro and offset hopes of further monetary easing in the United States.
Posted in Commodities, Commodities Asia, Commodities India, IndiaComments (0)
Gold extends losses on dollar; ETF holdings slip
Posted on 05 October 2010.
Gold fell further on Tuesday after the euro dropped against the dollar as concerns about euro-zone debt resurfaced, while holdings on the ETF slipped for a third consecutive session.
Posted in Commodities, Commodities Asia, Commodities India, IndiaComments (0)
Dollar recoups on euro-zone woes
Posted on 05 October 2010.
NEW YORK (Reuters) – The U.S. dollar gained broadly on Monday on lingering concerns about euro-zone debt, while speculation of further monetary easing by the U.S. Federal Reserve boosted Treasuries prices.
Posted in Stock market - EuropeComments (0)
Greece’s austere 2011 budget to target 7.0 percent gap
Posted on 04 October 2010.
ATHENS (Reuters) – Greece is due to unveil on Monday a 2011 draft budget aimed at cutting its deficit below a 7.6 percent-of-GDP target agreed in a bailout deal with the International Monetary Fund and its euro zone peers.
Posted in Stock market - EuropeComments (0)
Latvia PM wins election (Reuters)
Posted on 03 October 2010.
Reuters – Prime Minister Valdis Dombrovskis was to talk to his coalition partners about forming a majority government on Sunday after a poll win that kept Latvia on the path of IMF-led austerity aimed at eventual euro zone entry.
Posted in Stock Market, Stock market - EuropeComments (0)
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