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Wednesday November 25, 2009
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EU Credit Crunch News is an EIN News Service for political professionals. Constantly updated news and information about EU politics.
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Latest EU Credit Crunch News

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  • European shares rise after raft of U.S. data 25 Nov 2009 18:30 GMT
    ... Brian Gorman LONDON, Nov 25 (Reuters) - European stocks closed higher on Wednesday, with pharmaceuticals ... there's still some risk coming from the credit crisis,' said UniCredit's Schwarz. Around Europe, UK's ...

  • European shares close higher after raft of US data 25 Nov 2009 19:19 GMT
    ... LONDON - European stocks closed higher, with pharmaceuticals among the ... there's still some risk coming from the credit crisis," UniCredit's Mr Schwarz said. Around Europe, ...

  • European Open's future in doubt after sponsor pullout 25 Nov 2009 09:36 GMT
    ... European Open's future in doubt after sponsor pullout ... after sponsor pullout TOUR chiefs admit the credit crunch is hitting their schedule for next ...

  • £145M bailout loan for Croydon regeneration 25 Nov 2009 12:54 GMT
    ... has risked over £145million of taxpayers money on a highly ... to handle economic regeneration in the borough. EU “state aid” rules on providing money to ... rate hikes and fees caused by the credit crunch meant a regular bank loan would cost ...

  • ING investors set to approve breakup, rights issue 25 Nov 2009 00:20 GMT
    ... way to pay back state support. ING, Europe's biggest insurance group by assets, is splitting ... state aid to help it through the credit crisis last year. [ID:nLB95132] Rival European banks which ... go ahead with separation preparations because the EU has given it until 2013 to split, ...

  • German banks could face 90 bln eur more in write-downs-Buba 25 Nov 2009 12:34 GMT
    ... among the worst hit countries from the credit crisis with No. 2 lender Commerzbank as ... developing countries, particularly in central and eastern Europe. In August 2009, banks' total exposure to ...

  • BUNDESBANK OFFICIAL SAYS EXCHANGE RATE NOT ISSUE FOR GERMANY, MORE EXPORT COMPETITIVENESS 25 Nov 2009 12:34 GMT
    ... among the worst hit countries from the credit crisis with No. 2 lender Commerzbank as ... developing countries, particularly in central and eastern Europe. In August 2009, banks' total exposure to ...

  • Spain payments deficit halves over nine months 25 Nov 2009 10:51 GMT
    ... Madrid – Spain's current account deficit halved during the ... percent, it added in a statement. The EU absorbs 70 percent of Spain's exports. The ... second half of 2008 as the global credit crunch worsened a correction already underway in its ...

  • UPDATE 1-German banks could face 90 bln eur more in write-downs 25 Nov 2009 14:35 GMT
    ... among the worst hit countries from the credit crisis with No. 2 lender Commerzbank as ... interbank activity in the money market.' The European Central Bank is due to announce how ...

  • 5 reasons banks don't get it (and a few... 25 Nov 2009 06:40 GMT
    ... 2: Make it easier to save The credit crisis has certainly reinforced the idea that ... "emergency savings," "college tuition," and "trip to Europe," which is a major hassle and an ...

  • Dealing with short-term consequences of short-term thinking 25 Nov 2009 19:53 GMT
    ... Dealing with short-term consequences of short-term thinking The latest Queen’s ... anticipated by consumers, still reeling from the credit crunch, which for them is unfolding as ... Two a rare outbreak of sanity among Europeans caused them to realise that we just ...

  • Bank emergency loans secrecy defended 25 Nov 2009 12:14 GMT
    ... and HBOS at the height of the credit crisis last year. The Bank had not ... Myners said there were international parallels. "The European Central Bank and the Federal Reserve Bank ...

  • UPDATE 2-Commerzbank mulls cap hike to help repay bailout 25 Nov 2009 11:00 GMT
    ... the lender, which was rocked by the credit crisis and its takeover of loss-making rival ... perecnt gain in the the DJ Stoxx European banking index .SX7P. For 2009 Commerzbank expects ...

  • Action urged against bank charges 25 Nov 2009 17:57 GMT
    ... by the national laws of some other European countries. “Parliament may wish to consider whether ... recoup some of the losses from the credit crisis. Banks can earn billions of pounds ...

  • UPDATE 1-ING investors set to approve breakup, rights issue 25 Nov 2009 07:12 GMT
    ... way to pay back state support. ING, Europe's biggest insurance group by assets, is splitting ... state aid to help it through the credit crisis last year. [ID:nLB95132] Rival European banks ...


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