European crisis will force more RBA rate cuts, says McKibbin The Australian EUROPE'S worsening debt crisis will force Australia's government to scrap plans to reverse on a budget deficit and deliver a surplus, an influential former board member of the Reserve Bank of Australia said today. At the same time, turmoil on the ... Ex-RBA Policy Maker Says Europe To Derail Australia Budget |
 New York Times | Europe stocks close at year lows on Greece worries Sydney Morning Herald European stocks dropped for a third day, to their lowest level this year, amid growing concern Greece will be forced to leave the euro area. National Bank of Greece SA tumbled 13 per cent as the country's central bank chief said citizens had withdrawn ... European equities down for third day Greece Sets Showdown Vote Over Euro Let Greece default and then we can debate how to help Europe's banks |
 ABC News | Europe's Jews worried by Golden Dawn Herald Sun A MAJOR European Jewish organisation is urging European governments to tackle anti-Semitism and far-right extremism, including possibly banning a hardline Greek party that did unusually well in recent elections. Moshe Kantor, president of the European ... Jewish Group Wants Europe to Tackle Far Right |
 Voice of America | Europe sees no end to instability ABC Online Europe remains unstable as a meeting between Francois Hollande and Angela Merkel failed to calm the markets and Greece heads towards new elections. TONY JONES, PRESENTER: A senior judge has been appointed to the role of caretaker Greek prime minister ... IMF warns leaders to prepare for Greece to drop euro Francois Hollande brings his pact agenda to Berlin Chancellery Europe Prepares for Dressing Down at G8 |
 Newsday | US stocks fall on Europe concerns Sydney Morning Herald German Chancellor Angela Merkel attempted to quell some fears by saying the eurozone was committed to keeping Greece in the currency union, but news the European Central Bank had stopped providing liquidity to some Greek banks as recapitalisation ... US STOCKS-Europe drags down Wall Street a fourth day MARKET COMMENT: European Stocks Uneasy As Greece Focus Remains Stocks higher on housing but Europe worries linger |
 BigPond News | Shares led lower by European leads Herald Sun THE Australian market had lost value by noon, following weak overnight leads from the US and Europe. Nonetheless, the big miners were making decent gains to help stop a repeat of Wednesday's heavy losses. At 1209 AEST today, the benchmark S&P/ASX200 ... Australian market preview |
 Bloomberg | Singapore Warns of Europe Default Risk as Economy Expands 10% Bloomberg Singapore's government said the risk of a “disorderly” debt default in Europe can't be ruled out, clouding the outlook for its economy even as growth rebounded last quarter. Gross domestic product rose an annualized 10 percent in the three months ... S'pore Economy Expands 10%, Wary of Europe Singapore Q1 economic growth slows to 1.6 percent |
 Bloomberg | Macquarie in $4b deal for European gas grid Sydney Morning Herald A consortium led by Macquarie Group has bought the Open Grid Europe gas distribution network for $4 billion from E.ON, Germany's largest utility. The deal announced on Wednesday brings E.ON's tally of divestments to more than 12 billion euros, ... RPT-UPDATE 2-E.ON sells gas grid to Macquarie consortium for $4 bln E ON sells gas grid to Macquarie consortium for $4 billion |
 Moneycontrol.com | Gold futures slump Ninemsn Gold futures on Wednesday slumped for the 11th time in 13 trading sessions, ending at a 10-month low as worries about Europe's debt crisis and investor demand for the dollar spurred flight from precious metals. Comex division of the New York Mercantile ... Gold, copper hit by Greek drama, China slowdown, oil slammed by inventories Gold erases year's gains Gold touches 4-1/2 months low in Europe |
 NEWS.com.au | European stocks drop as new Greek poll looms Sydney Morning Herald European stocks dropped for a second day, pushing the Stoxx Europe 600 Index to its lowest level since December, as Greece called a new election after the country's politicians failed to form a government. Banks posted the biggest contribution to the ... Europe: How Disorderly Will It Get? Greece's interim Cabinet to be sworn in Europe pits discipline v pragmatism |
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