Thursday, April 26, 2012

Eurozone

  • Reader Bill asks Will we catch the Euro contagion? The Eurozone economies now appear to be in a recession, and the UK economy is also. It seems valiant to assert that the U.S.
  • (Seekingalpha.com)
  • Fears of a long recession in the eurozone and increasing political instability in the Netherlands, France and the Czech Republic sent stock markets tumbling across the continent on Monday.
  • (The Guardian)
  • FRANKFURT, Germany (AP) — European stocks rebounded Tuesday after sharp losses the day before on fears about Europes debt crisis. But rising borrowing costs at bond auctions for Spain and Italy showed that debt fears still stalk the eurozone.
  • (YAHOO!)
  • U.S. stock futures were sliding Thursday after a new survey showed that economic confidence in Europe was waning, reigniting worries about the continent's struggle to escape recessionary conditions.
  • (MSN Money)
  • The eurozones largest bank by market capitalization said its net profit in the January-March period was €1.6 billion ($2.1 billion). Revenue grew by more than 8 percent to €11.4 billion.
  • (AP - msnbc.com)
  • Steve: And when this baby comes along, were going to be a proper family. Susie: Eh Yeh…A proper family. Look, Steve I think Im going to have a lie-down, OK? Steve: Yeah of course. You have to keep you strength up.
  • (BBC News)
  • Atradius, one of the leading global credit insurance companies anticipates an increase in insolvencies across most developed markets.
  • (Conditions Improve in US - Yahoo Finance)
  • THE HAGUE, NETHERLANDS—The Dutch government, one of the most vocal critics of European countries failing to rein in their budgets, quit Monday after failing to agree on a plan to bring its own deficit in line with EU rules.
  • (Toronto Star)

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