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Thursday, February 28, 2013

In euro zone, clouds still mask silver lining

In euro zone, clouds still mask silver lining
Washington Post
Although the region's political leaders have set up several large new programs to keep the euro zone intact, key issues remain unresolved, including the extent and timing of a proposed banking union that many analysts say is needed to put the euro ...

Euro Zone Recovery Hopes Dealt a Blow in Feb: PMIs
Hopes the euro zone might emerge from recession soon were dealt a blow on ... the World Economic Forum that the worst of the euro zone debt crisis was over.
www.cnbc.com/id/100478587

Euro zone economy to shrink again in 2013, EU says
Reuters
But the damage from the 2008/2009 global financial crisis and the ensuing euro zone debt crisishas been greater than expected on the real economy, with global demand for euro zone exports one of the few saviors in terms of generating growth ...

Spain, France to miss debt goals as euro zone stays in recession
Reuters
Under EU budget rules, sharpened at the peak of the crisis in late 2011, euro zone countries can face fines if they fail to take action to meet deficit targets set by EU finance ministers. Progress is uneven among the 17 countries sharing the euro. The ...

Euro zone budget gap to fall despite recession, Spain to miss targets
Reuters
The euro zone is consolidating its public finances to regain market trust after excessive government spending, real-estate bubbles and lack of competitiveness triggered a sovereign debt crisis that sent the euro zone into recession. Under EU budget ...

EU Says Euro Area to Shrink in 2013 as Unemployment Rises
Bloomberg
Separately today, the ECB said 356 financial institutions will repay money on Feb. 27 from its second long-term loan. The 61.1 billion-euro figure is about half the 122.5 billion euros forecast by economists. The ECB flooded markets with more than 1 ...

Euro zone economy to shrink again in 2013 - EU - RTÉ News
But the damage from the 2008/2009 global financial crisis and the ensuing euro zone debt crisishas been greater than expected on the real economy, with ...
www.rte.ie/.../369045-euro-zone-economy-to-shrink-again-in-...

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