Posted by Reuters: Business News on January 28, 2012
NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.



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Posted by Reuters: Business News on January 27, 2012
NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.



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Posted by Reuters: Business News on January 17, 2012
LONDON (Reuters) – A slightly brighter picture for global economic growth countered concerns over Europe’s debt crisis on Tuesday, lifting shares and the euro, but German data, Greek default fears and a looming debt sale by Spain were set to test sentiment.



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Posted by Reuters: Business News on January 14, 2012
MILAN (Reuters) – JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.



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Posted by Reuters: Business News on January 13, 2012
MILAN (Reuters) – Italy’s three-year debt costs fell below 5 percent at the country’s first longer-term bond sale of the year on Friday but demand failed to live up to the success of a Spanish sale the previous day, pointing to challenges ahead as Rome tackles a heavy refinancing load in the next few months.



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Posted by Reuters: Business News on
LONDON (Reuters) – European shares and the single currency rose on Friday after positive comments on the region’s outlook from the European Central Bank and the success of Spain’s bond auction, with attention focused on Italy’s first debt sale of the year.



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Posted by Reuters: Business News on December 20, 2011
NEW YORK (Reuters) – Stocks rebounded sharply Tuesday as a drop in Spain’s borrowing costs and unexpectedly strong economic data from Germany eased euro zone debt worries.



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Posted by Reuters: Business News on
NEW YORK (REUTERS) – Stocks rebounded at the open on Tuesday after declines in the prior session and as a drop in Spain’s borrowing costs and unexpectedly positive economic data from Germany eased euro zone debt worries.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures rose Tuesday, indicating equities will rebound from declines in the prior session as a drop in Spain’s borrowing costs and unexpectedly positive data from Germany eased euro zone debt worries.



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Posted by Reuters: Business News on December 17, 2011
ROME/BERLIN (Reuters) – A comprehensive solution to the euro zone debt crisis is beyond the region’s reach, rating agency Fitch said, warning that six of its economies including Italy and Spain could be hit with credit downgrades in the near future.



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