Wednesday, May 16, 2012

Investors see Lisbon as next in line if Greece exits the euro bloc

All Bankers and investors focus on reform-minded French duo, The relationship between the two men could be pivotal to reining in Europe's financial sector perceived abuse and setting new limits on what banks can do

Eurozone leader Merkel and Hollande spell out Greek fear, Both Berlin and Paris say Athens should remain a full member of euro but they agreed the country must carry out its austerity programme

From Britains, Deal reached on EU bank reforms, UK chancellor drops objections to diluted capital standards as set out by Basel III in return for assurances over Britain's reforms

From Lisbon we reporting, Portugal steels itself for Greek exit, Investors see Lisbon as next in line if Greece exits the euro bloc, despite its efforts to emphasise 'political stability' on reforms

Meanwhile, ECJ official backs flight delay damages, European Court of Justice advocate-general says passengers delayed by three hours or more have right to compensation from their airline

Latest news unstable politic in Greek we reporting, Greek ship might set sail for other ports, Political and economic upheaval could drive the wider geopolitical realignment unfolding in the eastern Mediterranean

From Eurozone economic regulator, ECB's dilemma on the euro rescue, The dwindling pool of 'good' bank collateral raises doubts about how long the eurozone's crisis response can muddle along, writes Gene Frieda

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