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Thursday 23 March 2023 Dublin: 9°C

# Markets

All time
# Eurozone
This Friday could be one of the biggest days in European history - here's why
EU leaders are due to meet in Brussels for a summit that could be make-or-break for the euro.
# Markets
Markets regain confidence after world banks' move
Asian stocks and shares rose overnight, in a sign that markets are welcoming yesterdays intervention by six central banks.
# Banks
World banks move to bolster global economy
The ECB, US Federal Reserve and central banks in Japan, Swizterland, Canada and Britain are backing a move to make it easier for banks to access dollars if they need to.
# Eurozone
Credit ratings of ALL European nations under threat, warns Moody's
The ratings agency said “multiple defaults” are now a possibility, and that more than one country could be forced to leave the euro.
Voices
Column: If we want to get out of this crisis, we must remember who put us here
The financial markets plunged us into economic meltdown, writes Hugh Torpey – so why are we still listening to them?
# Be prepared
British government warns embassies to be prepared for euro collapse - report
Diplomats in eurozone countries are being told to be prepared to help expats if the single currency collapses.
# Belgium
Belgium: Things are getting worse by the minute
A Belgian reader emails his take on the latest worrying developments there – and what action the country’s political leaders need to take.
# Markets
"Disaster" German bond auction sends European markets down
Germany issues €6bn in 10-year bonds – but only €3.8bn were sold, leaving the central bank to step in and buy the rest.
# spainwreck
Spain in the firing line as borrowing costs hit new highs
The price of borrowing for Spain is approaching the 7 per cent barrier, after both Spain and France struggled with bond auctions.
# New Beginning
Monti announces Italian cabinet - and will be his own finance minister
The new Italian cabinet is made up mostly of independent technocrats, and will see Monti double up as PM and finance minister.
# Italy
Monti set to announce new Italian government
Mario Monti completes two days of tense negotiations, and is set to present his new government to the president this morning.
# Bond Markets
Italian borrowing costs spike again as coalition talks go on
The markets seem nervous about Mario Monti’s attempts to form a government – while a Spanish bond auction also goes badly.
# France
Concern for France's AAA rating as 10-year bond yields rise
Investors are becoming increasingly concerned about France’s overall debt and deficit levels.
# Italy
Italy offloads €3bn in bonds after appointment of ‘Super Mario’ Monti
Mario Monti’s designation as prime minister appears to soothe investors, who are lowering the interest rate Italy must pay for loans.
# Eurozone
Tick tock... All eyes on the euro when markets open on Monday
Will the ECB step in tomorrow or try to wait things out?
# Markets
Cost of Italian borrowing falls
The markets are looking a little better today.
# Markets
Italian borrowing rates briefly hit new record but markets are up
So what does that mean?
# Italy
Berlusconi facing crucial vote as fears grow over Italy
A normally procedural vote will be closely scrutinised as Italian borrowing costs hit new highs.
# Greece
Greek prime minister survives confidence vote
George Papandreou has made a pledge to step aside if necessary, and has called for a new coalition government.
# Cut
Surprise! ECB cuts interest rate to 1.25 per cent
On his first day in the job, ECB president Mario Draghi surprised everyone by cutting the eurozone’s main interest rate.
Voices
Column: Confused about what will happen to the euro? Everyone is.
Former trader Nick Leeson speaks to those working at the heart of financial markets and finds that uncertainty and confusion is thwarting a move forward.
# Markets
Markets drop on Greek referendum 'grenade'
Investors react to news that Greece intends to hold a referendum on its latest bailout agreement, despite the unpopularity of the deal.
# Markets
European markets react positively to Eurozone deal
Shares were up across the continent as trading opened this morning.
# Tablets
Amazon profits nosedive as it takes on Apple in tablet war
The company is selling Kindles at a loss to compete with the iPad – driving its profits down by 73 per cent.
# Eurozone
G20 urges Eurozone leaders to come up with 'comprehensive plan'
A summit of Eurozone leaders next Sunday is expected to be decisive for the long-term economic prospects of the region.
# Markets
Dexia shares plummet over fears of debt exposure - despite government guarantee
Dexia loses a massive chunk of its value, despite moves by both the French and Belgian governments to guarantee its assets.
# Markets
Asian markets fall on Greek debt fears as eurozone inflation hits 3 per cent
The eurozone inflation jump suggests the ECB may hold off on cutting interest rates this week.
# Markets
Wall Street ends worst quarter since 2008
Global stocks were down today as fears on the global economy show no signs of abating.
# Greek tragedy?
European markets open down following Germany's bailout vote
US markets finished in positive territory last night, but a European rally faded – while Asian markets were flat this morning.
# Greece
Merkel warns against Greek default - but says 'firewall' is needed
A ‘firewall’ is needed in order to stop Euro members falling like dominoes, Angela Merkel says – though Greece is sustainable for now.
# Markets
Stock markets tread water after dire day of heavy losses
European stock markets had recorded sharp gains when they opened, but have since lost them and are broadly flat.
# Markets
US stocks fall on economy fears
More market jitters in the US today as the Dow Jones closes down almost 400 points, while the S&P500 and Nasdaq fall also.
# US Economy
US markets slide despite Fed's $400bn bond investment
The US Federal Reserve announces the purchase of $400bn in 6-year and 30-year bonds, hoping to drive down interest rates.
# Bond Markets
ECB spent €14bn on Spanish and Italian bonds last week...
…and its input was virtually worthless, because prices today are pretty much exactly where they were seven days ago.
# Markets
Markets enter panic mode as fears grow over Greek default
Rumours that Greece may still default have sent markets into a nosedive, as the Euro falls and the cost of borrowing rises.
# Bailout Case
German court to rule on legality of Greek bailout
A bailout was later agreed for Ireland and Portugal but was it legal under German and EU law? A court decides today.
# Markets
Markets take a nose dive as bond crisis returns with a bang
Christine Lagarde says there’s a “crisis of confidence”. No kidding: markets are slipping while borrowing costs are back on the up.
# Markets
Global markets fall on US and eurozone fears
Concerns over US economic recovery and the eurozone debt crisis are bringing the markets down.