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| | | ... Because it was an offer they couldn't refuse. Just read Luxembourg Prime Minister Jean-Claude Juncker's lips: the European Union "wouldn't resist for one second to move toward a scenario of the total insolvency of Greece." European banks will be recapitalised ... |
| | | | ... points, to 2,427.48. But Tokyo closed down 0.16 per cent, or 13.84 points, at 8,748.47. The uncertainty in the European Union has weighed on global commodity and equity markets for months, with Italy now joining Greece in the emergency room. The cancellation ... |
| | | | ... officials said key parts of the package may not be ready in time for a leaders' summit on Wednesday. A meeting of European Union finance ministers, which was to be held just before the summit, has been called off. A summit of EU and eurozone leaders ... |
| | | | ... sovereign bonds but in the US the Securities Exchange Commission said it is unlikely to follow suit. Last week the European Union announced a ban on naked short selling of EU sovereign bonds where investors use credit default swaps to take positions ... |
| | | | ... agreement is nigh! That, at least, is the conclusion one could derive if one had one's ear pressed closed to the European Union meeting in Brussels. There really was nothing fresh about the fresh reports that littered cyberspace after the 23 October ... |
| | | | ... their way out of the hole first dug by Greece in October 2009. One begins to wonder how they were able consummate their union and give birth to a single currency in the first place. We're told that by 26 October 2011, the final solution would be revealed. ... |
| | | | ... contracts traded. The local bourse opened higher after mixed overnight leads with global investors waiting for European Union nations come up with a solution for tackling the eurozone debt. IG Market market strategist Stan Shamu said many investors were ... |
| | | | ... pretty different story than actually passing it through the populace," Mr Sinton said. Hopes were that a three-day European Union summit, beginning on Friday and involving finance and foreign ministers as well as heads of state and government, would ... |
| | | | ... markets don't know where to jump because European powers-that-be can't agree on where they're taking us. Last Sunday, European Union Economic and Monetary Affairs Commissioner Olli Rehn told us that they are close to an agreement and all will be revealed ... |
| | | | ... had agreed to more than quadruple the European Financial Stability Facility (EFSF) bailout fund. Citing unnamed European Union diplomats, The Guardian said the eurozone's two biggest economies would boost the rescue fund to two trillion euros ($A2.69 ... |
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