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| | | ... eurozone future. Dealers are also keeping an eye on Spain as the country's banking sector comes under huge pressure while Italy saw the ratings of 26 of its lenders downgraded amid fears over their exposure to the region's debt crisis. Tokyo closed 0.81 ... |
| | | | ... Geithner and Australian Treasury officials have been communicating with their US counterparts on the issue. France, Germany, Italy, Spain and the United Kingdom have issued a joint statement with the United States indicating their intention to enter ... |
| | | | ... charges to cover their exposure to a collapsed property market. On the eurozone bond market, borrowing rates for Spain and Italy rose sharply while Germany attracted safe haven flows, driving its borrowing rate to record lows. London's benchmark FTSE ... |
| | | | ... worse things to come - as they did when the GFC was the only game in town, when Greece was on the verge of default, when Italy and Spain looked like they were gonna need bailing, when America lost its AAA-rating. All these were extrapolated to 'the sky ... |
| | | | ... cent. Milan too posted strong gains, up 1.85 per cent, despite the problems in Spain which are often lumped together with Italy's. In foreign exchange deals, the euro picked up to $1.3252 from $1.3240 in New York late on Thursday. HONG KONG - Asian markets ... |
| | | | ... Bank Bailout Concerns Spain Yields at 6% Show Bank, Economy Risk Italian Business Confidence Drops to Lowest in Two Years Italy's Borrowing Costs Rise at Auction of 8.5 Billion-Euros of Bills France Unemployment Near 10% Cameron Braces for U.K. Confidence ... |
| | | | ... speculations of a default in small country Greece was rife and the above 30 print back in November when bigger countries Spain and Italy were thought to soon need a bailout. We'll find out in a few days what the Fed thinks of all these? Is the current ... |
| | | | ... to. Reuters has already figured it out for us. Its survey of 29 economists showed that the majority don't expect Spain and Italy would need a bailout. According to the AFR, "The survey showed a median 25 per cent chance that Spain will end up doing so ... |
| | | | ... only exacerbate fears that the banks, if not the government, will need a bailout." And in the Australian Financial Review, "Italy has slashed its 2012 economic growth outlook to minus 1.2 per cent from minus 0.4 per cent and said it will miss a 2013 ... |
| | | | ... Australian market looks set to open lower as nervousness over the eurozone's debt crisis resurfaces following news that Italy's recession will be worse than expected and Spain's bad loan ratio is at an 18-year high. At 0808 AEST on Thursday, the June ... |
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