Eurobusinessonline - News
Source: yahoo.com  28/1 15:55
Cyprus FinMin says banks won't need gov't help (AP)
AP - Cyprus' banks will be able to recapitalize on their own and won't need state support thanks to fiscal measures buttressing the island's financial system, the government said on Saturday.
IMF chief presses for more cash to fight crisis (AP)

International Monetary Fund, IMF, chief Christine Lagarde speaks during her visit to the social media corner at the 42nd annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Friday, Jan. 27, 2012. The meeting lasts until Jan. 29. (AP Photo/Keystone, Laurent Gillieron)AP - The head of the International Monetary Fund appeared to be making headway Saturday in her drive to boost the institution's financial firepower so that it can help Europe prevent its crippling debt crisis from further damaging the global economy.


IMF leads global push for euro zone to boost firewall (Reuters)
Reuters - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used."
Deficit focus questioned as answer to euro crisis (AP)

An illustration of a euro coin is displayed on a bank's advertising billboard as a man stands outside the branch in Athens, on Thursday, Jan. 26, 2012. Europe is getting tough on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro are putting the finishing touches on a treaty that will force member countries to put tough deficit restrictions into their national laws. (AP Photo/Thanassis Stavrakis)AP - Europe is getting tougher on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries

AP Interview: Roubini warns of tough times ahead (AP)

Nouriel Roubini, Professor of Economics and International Business, Leonard N. Stern School of Business, New York University speaks during a panel session on the first day of the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, Jan. 25, 2012. The overarching theme of the Meeting, which takes place from Jan. 25 to Jan. 29 , is 'The Great Transformation: Shaping New Models'. (AP Photo/Keystone/Jean-Christophe Bott)AP - Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could last the

Fitch cuts Italy, Spain, other euro zone ratings (Reuters)
Reuters - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.
Some G20 countries soften stance on Europe: sources (Reuters)
Reuters - Some of the world's biggest economies want to move quickly on a cash injection for the International Monetary Fund to help rescue the euro zone, but hardliners may still scupper an early deal to boost the fund's war chest, G20 sources said on Friday.
AP Exclusive: Vatican rewrites money launder law (AP)

A general view of St. Peter square where Pope Benedict XVI celebrates the canonization ceremony in St. Peter square at the Vatican October 12, 2008. REUTERS/Alessandro BianchiAP - The Vatican has rewritten its 2010 anti-money laundering law after European inspectors found that it didn't fully meet their tough standards to combat the financing of terrorism.


Iran hits back at EU with own oil embargo threat (Reuters)

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran. Iranian President Mahmoud Ahmadinejad sits in a vehicle as he visits an industrial site in Kerman province, southeast Iran January 26, 2012. The European Union rather than Iran will lose out under new EU sanctions banning Iranian oil, Ahmadinejad said on Thursday as lawmakers said they might cut supplies to EU countries ahead of a July 1 deadline. REUTERS/President.ir/Handout (IRAN - Tags: POLITICS) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERV</td></tr> </table> <table border=0 cellspacing=0 cellpadding=0 width=

Greece locked in parallel talks over debt (AP)
AP - Greece was locked in a twin effort Friday to placate its creditors, seeking to secure a crucial debt relief deal with private investors while also tackling pressing demands from its European partners and the IMF for deeper reforms.
Select Topic
country
 
business news
country info
search company
© Copyright 2006 Eurobusinessonline.com