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Euro zone wrangling may cost Greece 2 bln euros in 2013: sources

Wed, 19 Jun 2013 17:02:32 GMT

Euro zone wrangling may cost Greece 2 bln euros in 2013: sources
Reuters - 50 minutes ago

BRUSSELS/ATHENS (Reuters) - European foot-dragging could leave Greece short of 2.0 billion euros ($2.7 billion) this year as some euro zone creditors are reluctant to roll over their Greek debt holdings, Greek and euro zone sources involved in the ...

Jean-Claude Juncker on Greece, Europe and the crisis [full interview] - Kathimerini

Draghi Loses War for Growth With Euro Beating Peers

Tue, 18 Jun 2013 15:04:21 GMT

Draghi Loses War for Growth With Euro Beating Peers
Bloomberg - Jun 18, 2013

The euro has overtaken Sweden's krona as this year's best performing major currency, revealing how far European Central Bank President Mario Draghi is falling behind his contemporaries in the foreign-exchange wars.

The question before the court - The Economist (blog)
Euro Ignores Dovish Draghi Comments and Rises to a Six Month High - DailyFX

Alcatel Lucent aims Euro 7 billion revenues by 2015

Wed, 19 Jun 2013 12:31:39 GMT

Alcatel Lucent aims Euro 7 billion revenues by 2015
Economic Times - 5 hours ago

NEW DELHI: French telecom firm Alcatel Lucent today announced a transition plan under which it aims to generate revenues of over 7 billion euros by 2015 from its core networking business. "Under The Shift Plan, Alcatel-Lucent is planning to grow its ...

Alcatel-Lucent reveals radical strategy shift, shares leap - Peninsula On-line
Alcatel overhaul aims to cut costs by €1bn - Financial Times

Germany agrees financing of 8 billion euro flood aid fund

Wed, 19 Jun 2013 15:19:57 GMT

Germany agrees financing of 8 billion euro flood aid fund
Yahoo! News - 2 hours ago

BERLIN (Reuters) - Germany has agreed the financing of an 8-billion euro fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday.

Revision of Cypriot bailout terms not likely: euro zone officials

Wed, 19 Jun 2013 07:58:39 GMT

Revision of Cypriot bailout terms not likely: euro zone officials
Reuters - 9 hours ago

BRUSSELS (Reuters) - The euro zone does not intend to change the terms of Cyprus's bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to euro zone leaders and its lenders, three senior euro zone officials said on Wednesday.

Euro zone doomed to slow growth without painful reforms

Wed, 19 Jun 2013 14:39:02 GMT

Euro zone doomed to slow growth without painful reforms
Economic Times - 3 hours ago

And in its Spring 2013 forecast for the euro zone, the European Commission concluded that the crisis would have no impact on longer-term growth dynamics even though it had resulted in a permanent loss of output of about 5 percent.

Carroll passes West Ham medical ahead of 18m euro move from Liverpool

Wed, 19 Jun 2013 00:07:49 GMT

Carroll passes West Ham medical ahead of 18m euro move from Liverpool
Yahoo! Sports - 17 hours ago

The Hammers had already agreed a club-record 18m euro fee with Liverpool, which will be supplemented by a potential 2.3m euros of add-ons. West Ham only has to tie up the formalities of the deal before announcing the signing of a player that manager ...

Andy Carroll to West Ham - Value for money - Here Is The City

Easing of Euro Zone Slump Won't Hide Currency's Decline

Tue, 18 Jun 2013 12:03:19 GMT

Easing of Euro Zone Slump Won't Hide Currency's Decline
CNBC.com - Jun 18, 2013

Business activity data for the euro zone is set to show a slight uptick on Thursday which could give the single currency a temporary boost, but analysts are unanimous in their thinking that the single currency is set for a much larger fall over the ...

Euro Becomes the Port in a Storm

Sun, 16 Jun 2013 21:15:01 GMT

Euro Becomes the Port in a Storm
Wall Street Journal - Jun 16, 2013

The euro is emerging as an unlikely oasis in the latest bout of market turmoil. Assets ranging from Japanese stocks to emerging-market bonds to U.S.

The Euro's Permanent Political Crisis - CNBC.com
Euro-Area April Exports Decline as Record Recession Lingers - Bloomberg

Dollar gains on yen ahead of Fed; euro gains on data

Tue, 18 Jun 2013 01:07:16 GMT

Dollar gains on yen ahead of Fed; euro gains on data
Reuters - Jun 18, 2013

The euro hit a four-month high against the dollar after a survey showed German analyst and investor sentiment rose for a second consecutive month in June, suggesting Europe's largest economy is on track for a modest recovery.

Euro Continues its Climb - Benzinga
World stocks firm, dollar slips against euro as markets await Fed - NDTV