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1. Business - Banking & Finance

   Italian banks plunge on Monti resignation plan

   Posted Dec 10th 2012, 06:23pm by Bloomberg

   ... Business Banking & Finance Euro zone debt crisis Bloomberg Italian banks plunged on Monday, leading declines in the European Stoxx 600 Banks Index, after an announcement that Prime Minister Mario Monti will step down threatened to open a new front in Europe’s debt crisis. UniCredit, Italy’s biggest bank, declined 22 cents, or 6 per cent, to 3.43 euros at 6.36pm HK time ...

   http://www.scmp.com/business/banking-finance/article/1102265/italian-banks-plunge-monti-resignation-plan
2. Business - Economy

   Euro slumps in Asia after EU fails to agree Greece deal

   Posted Nov 21st 2012, 02:59pm by Agence France-Presse in Hong Kong

   ... Monday “for further technical work on some elements of the package”. The news sent the euro diving from recent highs against the yen, while it also lost almost a US cent from its intra-day peak ...

   http://www.scmp.com/business/economy/article/1087525/euro-slumps-asia-after-eu-fails-agree-greece-deal
3. News - World - SPAIN

   Police seal off Spain Parliament ahead of protest

   Posted Sep 25th 2012, 06:21pm by Associated Press in Madrid

   ... billion euros (US$5.14 billion) in short-term debt but at a higher cost. It sold 1.39 billion euros in three-month bills at an average interest rate of 1.2 per cent, up from 0.95 per cent ...

   http://www.scmp.com/news/world/article/1047061/police-seal-spain-parliament-ahead-protest
4. News - World - GREECE

   Greek protest turns violent during general strike

   Posted Sep 26th 2012, 08:50pm by Associated Press in Athens

   ... since mid-2010. Without them, Greece would be forced into a chaotic default on its debts and possibly into an exit from the 17-country bloc that uses the euro. The country’s lenders have ...

   http://www.scmp.com/news/world/article/1047914/greek-protest-turns-violent-during-general-strike
5. News - World - GREECE

   Greece adopts bill to cut 15,000 civil servant jobs

   Posted Apr 29th 2013, 08:00am by AFP

   ... is a condition set by Greece’s so-called “troika” of creditors – the International Monetary Fund, European Union and European Central Bank – to unlock loans 8.8 billion euros (HK$88 billion). The EU ...

   http://www.scmp.com/news/world/article/1225766/greece-adopts-bill-cut-15000-civil-servant-jobs
6. Business - Economy

   Greece plans bond market return first half of 2014: PM

   Posted May 14th 2013, 09:52am by Reuters

   ... 2010, when it plunged into a debt crisis that forced it into becoming the first euro zone country to seek an international bailout. It has been only selling short-term T-bills since, mostly ...

   http://www.scmp.com/business/economy/article/1237389/greece-plans-bond-market-return-first-half-2014-pm
7. Business - Economy - EURO ZONE ECONOMY

   Euro zone recession to continue until year-end

   Posted Feb 23rd 2013, 12:00am by AFP

   ... Business Economy Euro Zone Crisis Agence France-Presse in Brussels Economic output across the 17-state currency area set to shrink by 0.3pc this year after a 0.6pc contraction in 2012 The euro zone faces another full year of recession this year with unemployment likely to surge above the 20-million mark and French and Spanish state spending badly overshooting targets, the EU ...

   http://www.scmp.com/business/economy/article/1156636/euro-zone-recession-continue-until-year-end
8. Business - Economy

   Greece close to reaching debt buyback target: official

   Posted Dec 10th 2012, 12:00pm

   ... and a deepening recession. The buyback was part of a package of measures approved by euro-area finance ministers on November 27 to lower the nation’s debt to 124 percent of gross domestic product by 2020 ...

   http://www.scmp.com/business/economy/article/1102071/greece-close-reaching-debt-buyback-target-official
9. News - World

   Euro zone debt jumps to 90pc of GDP in second quarter

   Posted Oct 24th 2012, 07:39pm by Associated Press in London

   ... measures. Lower wages, for example, will impact consumer spending, often a vital ingredient of economic growth. China 'to play its part' in euro zone debt crisis ...

   http://www.scmp.com/news/world/article/1068816/euro-zone-debt-jumps-90pc-gdp-second-quarter
10. Euro-zone unemployment jumps to record 11.8pc

    Posted Mar 02nd 2013, 02:06am by AFP

    ... Euro Zone Eurozone Euro Zone Crisis Agence France-Presse in Brussels Official data Friday painted a far from encouraging picture of the European economy, with unemployment running ...

    http://www.scmp.com/article/1167949/euro-zone-unemployment-hits-record-118pc

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