June, 2012
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Bag, Milan stands in Europe with banks, Finmeccanica shines
Milan, 20 Jun. (La Presse)-positive the day of the Milan Stock Exchange, wake to reduce pressure on the bond market of Spain and Italy. In the aftermath of the G20 to Los Cabos, Mexico, hence the premier Italian Mario Monti has proposed on a Save-State Fund that could buy Efsf bonds reduce the spread, comes [...]
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Bialetti, the capital increase
(ANSAmed)-MILAN, 20 JUN-the crisis does not spare even coffee machines powered by Bialetti. The Group’s Assembly voted to Brescia to offset losses and strengthen the heritage with a capital increase for a maximum of 15 million euros. The partners have given the go-ahead to cover losses emerging from financial position (almost 21 million euros) through [...]
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Usa Fed extends program Twist of 267 billion dollars and does not touch rates
Washington (Usa), 20 Jun. (LaPresse/AP) — the Fed has decided to extend the programme by allocating more Twist 267 billion dollars until December for the reduction of interest rates in the long term. The Central Bank intends to so act to stimulate the u.s. economy after recent signs of weakening. The Twist, used for 400 [...]
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Spending review, P.a. phones Only local calls
Rome, 20 Jun. (La Presse)-the phones of public administration will be allowed “solely to calls without prejudice to assigning managerial staff enabled to utilities and national calls towards leaders, mobile calls abroad for only the directors of the offices and managers responsible for international activities”. It is a circular for the civil service, as part [...]
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Bundesbank, Greece respects memorandum
(ANSA)-BERLIN, 20 JUN-the President of the Bundesbank, Jens Weidmann, Greece’s duty is to respect the agreed reform programmes with the troika. “With Greece, there is an agreement, and that is true,” said Weidmann. “We must first wait for the troika report on the current situation, he added,. If there were any deviations from the original [...]
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Exchange rate: euro in slight decline $ .2678 .1
(ANSA)-ROMA, 21 JUN-Euro in slight decline in opening day at 1.2678 dollars, 1.27 last night after the closure of Wall street. The single currency is trading at 100.97 share against the yen.
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Gold: declining to $ 1,603/.5 oz
(ANSA)-ROMA, 21 JUN-Gold Prices down on Asian markets where the ingot with immediate delivery is trading at .5 1,603 dollars per ounce, with a reduction of 0.3% compared to the values of Eve.
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Ddl work, Government: commitment to resolve esodati and flexibility
Rome, 21 June. (Afpenglish)-Government “undertakes to resolve in a timely manner, with appropriate legislative initiatives”, the question of esodati and “some aspects of flexibility and social shock absorbers”. This is what is stated in a note of palazzo Chigi. In the note it should be noted that the Government “asked Parliament to expedite examination on [...]
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Spain Spread below 500 points
(ANSA)-ROMA, 21 JUN-the spread between Spanish and German 10-year falls below the threshold of 500 basis points (496.6) with the yield falling to Bonos 6.55%. The differential between Btp and Bund squeezes a 410 basis points and the yield on Btp in slight decline at 5.69%.
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Crisis: Eu-Ecb working superpiano euro
(ANSAmed)-ROME, 3 JUN-the ECB and the Eu work on a ‘ superpiano ‘ for the euro zone, with the aim of strengthening the single currency. Writes the German newspaper Welt am Sonntag. The plan includes proposals to supplement the budgetary policy, create a Banking Union, a political Union and initiate reforms. The plan would be [...]