Posted by Reuters: Business News on January 30, 2012
BRUSSELS (Reuters) – European leaders will struggle to reconcile austerity with growth on Monday at a summit due to approve a permanent rescue fund for the euro zone and put finishing touches to a German-driven pact for stricter budget discipline.
Posted by Reuters: Business News on
LONDON (Reuters) – The euro edged back from six week highs and global stocks were lower on Monday as investors turned cautious after U.S. growth figures on Friday that fell just short of expectations and ahead of more crisis talks among EU leaders.
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BRUSSELS (Reuters) – EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.
Posted by Reuters: Business News on January 29, 2012
BRUSSELS (Reuters) – EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.
Posted by The PIPEs Report on January 16, 2012
JPMorgan Chase & Co., Barclays Capital and Jefferies & Co. arranged a $45 million private placement …
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Posted by Reuters: Business News on January 5, 2012
PARIS (Reuters) – A March summit of European Union leaders will discuss increasing the firepower of the bloc’s permanent rescue fund, the European Stability Mechanism, to cope with an upcoming glut of sovereign debt maturities, French Prime Minister Francois Fillon said on Thursday.
Posted by Reuters: Business News on December 14, 2011
PARIS/FRANKFURT (Reuters) – Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financial markets judged that yet another EU summit had failed to resolve the euro zone’s debt crisis.
Posted by Reuters: Business News on December 13, 2011
MILAN (Reuters) – Italy’s five-year borrowing costs are expected to rise further above 6 percent on Wednesday, to mark a new euro lifetime high, at an auction that will provide a first test of bond market sentiment towards the euro zone after last weekend’s EU summit.
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LONDON (Reuters) – European stocks and the euro steadied on Tuesday after sharp sell-offs on disappointment about last week’s EU summit but any gains could be short lived due to lingering concerns over credit rating downgrades and the health of the banking sector.
Posted by Reuters: Business News on December 12, 2011
MILAN (Reuters) – Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week’s EU summit failed to reassure investors European leaders can take the urgent steps required to stem the euro zone debt crisis.
