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Breaking News Sat, 28 Jan 2012
Passersby stop to look at the stock market quotations at the window of a bank in downtown Milan, Italy, Tuesday night, Nov. 11, 2008.
(photo: AP / Luca Bruno)
Italy, Spain easily raise $28 billion
Richmond Times Dispatch
MADRID -- | Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly $27.98 billion in two keenly watched debt auctions that showed renewed investor confidence in the countries' attempts to get a grip on their debt problems. | Spain sold nearly $12.7 billion in auct...
Fitch downgrades Italy, Spain
Sydney Morning Herald
| AP | Ratings agency Fitch says it is downgrading the credit ratings of five countries that use the euro, including economic heavyweights Italy and Spain. | Fitch said the downgraded countries - also including Belgium, Cyprus, and Slovenia - faced f...
Spain jobless rate rises to 22.9%, raising need for new labour rules
Gulf News
| Madrid: Spain's unemployment rate rose to 22.9 per cent, the highest in 15 years, increasing pressure on Prime Minister Mariano Rajoy to change labour rules and deliver on his election pledge to create jobs in a shrinking economy. | The unempl...
Fitch cuts Italy, Spain, other eurozone ratings
Zeenews
New York: Fitch Ratings on Friday downgraded the sovereign credit ratings for Italy, Spain, Slovenia, Belgium and Cyprus indicating there is a 1-in-2 chance of further downgrades in the next two years. | In its statement, Fitch said these countries h...
Spain unemployment hitting nearly 1 of 4 workers
Kansas City Star
Alvaro Barrientos People are seen through the window, while they look at the list of jobs in an employment office, in Pamplona, northern Spain, Friday, Jan. 27, 2012. The National Statistics Institute says Spain's unemployment figures has surpassed t...
Fitch cuts Italy, Spain, other euro zone ratings
Daily Press
| NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. | In a statement, the ratings agency said the af...
Fitch cuts Italy, Spain, other euro zone ratings
KDVR
| NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. | In a statement, the ratings agency said the af...
Italy, Spain downgraded by Fitch
CNN
By Chris Isidore @CNNMoney January 27, 2012: 2:46 PM ET | Italian Prime Minister Mario Monti. Italy was one of five eurozone countries to have its debt downgraded by Fitch on Friday. | NEW YORK (CNNMoney) -- Fitch downgraded the sovereign debt rating...
Spain unemployment hitting nearly 1 of 4 workers
STL Today
| Spain's brutal unemployment rate soared to nearly 23 percent Friday and closed in on 50 percent for those under age 25, leaving more than 5 million people _ or almost one out of every four _ out of work as the country slides toward recession. | Spa...
Spain unemployment hitting nearly 1 of 4 workers
Atlanta Journal
| MADRID — Spain's brutal unemployment rate soared to nearly 23 percent Friday and closed in on 50 percent for those under age 25, leaving more than 5 million people — or almost one out of every four — out of work as the country sli...
Spain unemployment hitting nearly 1 of 4 workers
Breitbart
| People are seen through the window, while they look at the list of jobs... | People queue outside an unemployment registry office in Madrid Friday Jan.... | A woman gestures at the camera while she begs on the street in Pamplona,... | MADRID (AP) -...
Money
A homeless man sitting in a street of Nice, southeastern France, Friday, Jan. 13, 2012. The euro fell to a 17-month low against the dollar on news reports that France's credit rating might be downgraded by Standard & Poor's.
(photo: AP / Lionel Cironneau)
The downgrading of Europe
BBC News
Europe has received a severe judgement from one ratings agency - Standard and Poor. Nine eurozone countries have been downgraded. | France lost its much valued AAA rating. It risks now seeing its borrowing costs rise. It needs to raise 290bn euros ($370bn; £241bn) just to pay off old debts. Almost certainly they will now have to pay more. | France...



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