Wednesday, April 20, 2011

Eurozone Crisis: Links

French union warns of discontent at ‘euro pact’

The CGT has told European governments they risk sparking widespread discontent if they push ahead with the Franco-German ‘pact for the euro’ - Apr 19 2011

Eurozone PMI points to sustained recovery

The area is on track for a sustained economic recovery, according to a closely watched survey, but at the cost of a widening gulf between its core and the periphery - Apr 19 2011

China’s €9bn stake in Spain lost in translation

There are lessons for both sides in the embarrassing episode in which Madrid had to confess its communication ‘error’ after China Investment Corp denied a firm plan to invest - Apr 19 2011

Rise of Finnish party threatens bail-outs

A populist anti-euro party demands changes to the proposed bail-out for Portugal after making big gains in the Finnish general election, increasing doubts over tackling eurozone debt - Apr 18 2011

Frustrated Finns throw off staid image

The election success of the populist True Finns party shocks Finland, with the party’s share up from 4 to 19 per cent, threatening to upset the country’s stance on Europe - Apr 18 2011

   Greek bond fears
As the eurozone approaches the first anniversary of the bail-out of Greece, fears of a debt restructuring are intensifying. It was seven years from the start of the Latin American crisis in the 1980s to the first wave of restructuring. Could Europe go even faster? 

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