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PORTUGAL DEBT CRISIS
Fading Eurozone crisis coloured by wishful thinking"The eurozone is bathing in a post-crisis climate and everyone wants to see the bright side," commented economist Ludovic Subran.- Economic Survey fears European debt crisis could hit Indian economyFragile global recovery and robust domestic growth have led to higher current account deficit in 2009-10 and 2010-11 (April-September).
- Debt crisis: European Union may offer $78 billion loan to Portugal, lower ratesThe plan, which may include a loan to Portugal of about 60 billion ($78 billion) and purchases of outstanding Greek debt, would mark an att...
- Europe split over debt crisis fundA divided Europe wrestled Wednesday over how to tackle a debt drama threatening to take down Portugal as Germany and France rejected a plea...
- Pressure on Portugal heightens amid debt fearsEurope's debt crisis flared up once again Monday, as Portugal's borrowing rates briefly spiked to euro-era highs amid reports Germany and F...
- Portugal needs to raise up to 20 bn Euros in 2011Austerity measures adopted by the government to restore the country's fiscal health are expected to stunt economic growth next year.
- ECB government bond purchases drop sharplyThe European Central Bank has sharply reduced its purchases of bonds from vulnerable governments such as Greece, Ireland, or Portugal, desp...
- Europe debt fears pile pressure on Spain, othersSpain & Italy bond yields rose on fears of smaller bailouts. The yields on Spain's 10-year bonds jumped to 5.7% while Italy's reached highe...
- Portugal should consider rescue, says RoubiniEconomist Nouriel Roubini says Portugal should consider asking for a bailout before its financial plight worsens.
- Merkel, Sarkozy want quick bailout for IrelandMerkel and French President Nicolas Sarkozy also called for a swift conclusion of the negotiations for an Irish bailout.
- EU fighting for 'survival' over eurozone debtsIreland's public deficit this year is set to pass 30 percent of GDP, 10 times the permitted EU limit and double last year's Greek deficit.
- Moody's downgrade Ireland's debt ratingGlobal rating agency Moody's on Monday cut the sovereign debt rating of Ireland due to the country's deteriorating financial situation, ind...
- Portugal downgrade rekindles Europe debt crisisEurope's debt crisis flared anew as Portugal suffered a cut to its credit rating & European fin ministers battled to dispel fears about ban...
- Eurozone woes may hit exports: FMFinance Minister Pranab Mukherjee today said the country's exports could be impacted if the the lingering debt crisis triggered by Greece s...
- Japan tops developed world's 'debt curse': StudyThe developed world is suffering from a "debt curse," with the worst case -Japan- expected to take up to 2084 to bring its public debt down...
- FMs vow to avoid austerity drive for entire EuropeEuropean finance ministers vowed to avoid a continent-wide austerity drive in the wake of Greece’s debt crisis that would risk thrusting th...
- India growth unlikely to be hit by Greece crisis: INGIndia's reliance on domestic factors for growth and comfortable foreign exchange reserves will help the nation insulate itself from the eur...
- Eurozone economy grows 0.2 pc in Q1; Spain out of recessionThe euro zone economy, grappling with a debt crisis, grew 0.2 per cent in the first quarter of 2010.
- Greece debt crisis may impact European banks: Moody'sGlobal ratings agency Moody's today warned that potential contagion of the worsening Greek debt crisis could hit the banking systems in som...
- Europe faces debt contagion fearThe euro slid further amid fears that Greece's debt crisis would spread across the continent, after a ratings agency warned that contagion ...
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