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Browsing all articles from November, 2011

Cost Of Irish Bank Bail-Out Hits £40bn

The cost of bailing out the Irish banks will see the country’s deficit rise to a third of the value of its entire economy.

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Analysis – Ireland buys itself more time but clock is ticking

Publication of Ireland’s “colossal” bill for bailing out its banks has removed a major uncertainty for markets but the problem of how to tackle the underlying deficit remains the real monster in the room.

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Banks slash ECB liquidity clearing crisis exit route

Banks slashed their intake of European Central Bank loans Thursday signalling a healthier outlook for money markets and paving the way for the ECB to move ahead with plans to scale back its emergency funding program.

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Italy’s Northern League ramps up anti-Rome rhetoric

Pupils going back to school this month in the northern Italian town of Adro had something new to stare at on the walls: hundreds of signs and stickers promoting the country’s break-up.

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Spain’s royal family feels budget pinch

Spain’s royals are feeling the pinch: the austerity-minded Socialist government is cutting the family’s budget next year for the first time in history.

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Ireland reveals full horror of banking crisis

Ireland revealed the full horror of its financial crisis on Thursday, saying massive debts run up by Anglo Irish Bank had threatened to sink the country.

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Moody’s cuts Spain’s credit rating by a notch

Moody’s rating agency sliced Spain’s credit rating on Thursday a sharp blow to the government as it presented a belt-tightening budget the day after a general strike.

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Irish Govt Announces New Bank Bailout Help

Ireland has put a £29 billion price on bailing out stricken Anglo Irish Bank under a worst case scenario prompting the government to promise a new four-year budget plan in November.

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Markets hit by debt concerns Irish clarity welcomed

European equities and the euro were hit on Thursday after Ireland revealed that the Anglo Irish Bank rescue could cost more than 34 billion euros while Spain was slapped with a ratings downgrade.

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Anglo Irish Bank rescue could hit 34.3 bln euros

Ireland warned on Thursday that the state rescue of Anglo Irish Bank could cost 34.3 billion euros pushing the public deficit up to 32 percent of economic output this year.

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Advice On Forex Trading And Reducing Little Profits

Poor Credit score? A wide range Unsecured Loan Can Offer Financial Freedom

Cost Of Irish Bank Bail-Out Hits £40bn

Analysis – Ireland buys itself more time but clock is ticking

Banks slash ECB liquidity clearing crisis exit route

Italy’s Northern League ramps up anti-Rome rhetoric

Spain’s royal family feels budget pinch

Ireland reveals full horror of banking crisis

Moody’s cuts Spain’s credit rating by a notch

Irish Govt Announces New Bank Bailout Help

Markets hit by debt concerns Irish clarity welcomed

Anglo Irish Bank rescue could hit 34.3 bln euros

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