His support is also crucial for a constitutional reform to abolish the Senate sought by Premier Matteo Renzi. He was, however, booted from the Senate and given a two-year ban on running for elected office.» Read More
DUBLIN, Dec 13- Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for euro zone efforts to resolve its debt crisis, its finance minister said on Friday.
*Ex-IRA party Sinn Fein could secure balance of power. DUBLIN, Dec 13- After a three-year struggle to convince financial markets that Ireland's economy is back on track, Prime Minister Enda Kenny's government now has to make the case to an equally tough audience: the Irish people.
ROME, Dec 11- Prime Minister Enrico Letta called on parliament on Wednesday to back his government or risk chaos as he sought to push through long-avoided reforms intended to revive Italy's economy after two years of recession.
As euro zone membership boosted Slovenia's exports and papered over its Communist past, he went into business and his investments prospered.
ATHENS, Dec 9- Greece's severe recession dragged consumer prices down again in November, marking the deepest deflation on record and potentially hurting the country's struggle to control its debt. Such falls prices have not been unwelcome in Greece to date.
After nearly going bankrupt and almost crashing out of the euro zone last year, Greece expects growth of 0.6 percent in 2014 and hopes to secure more leeway on its debts to the European Union and the International Monetary Fund.
LONDON, Dec 4- Euro zone bonds fell across the board on Wednesday as U.S. data showed growing momentum in the world's biggest economy that could prompt the Federal Reserve to start scaling back its monetary stimulus soon.
LISBON, Dec 3- Portugal swapped 6.6 billion euros of bonds maturing in the next two years for longer-dated paper on Tuesday, reducing short-term debt repayment costs to help smooth its planned exit from a bailout next year. "I am massively, positively surprised," said David Schnautz, debt strategist at Commerzbank in New York, referring to the size of the swap.
*Gold stabilises after 2.6 pct slide overnight on strong U.S. data. LONDON, Dec 3- World shares fell for a second day and gold was near a five-month low on Tuesday, as concern the U.S. will soon scale back its economic stimulus offset reports that Japan would ramp up its own stimulus.
NEW YORK, Dec 2- U.S. stocks rebounded slightly from a weak start on Monday after robust factory data that pointed to steady economic growth, while the yen tumbled on news that the Bank of Japan is considering expanding its stimulus.
*Gold heads for big monthly fall. The Nikkei in Tokyo notched up its best November since 2005 despite some late profit taking in Asia, as the yen, at a five-year against the euro and a six-month low versus the dollar, boosted hopes for its big exporting firms.
Motorists have preferred to use Spain's free national highways during the recession so traffic on the toll roads has fallen nearly 40 percent in the 5- year economic slump. Builders, including Ferrovial, Abertis, OHL, ACS, FCC and Acciona, created joint ventures to win concessions from the government to build the toll roads during Spain's boom years.
*Deadline for 300 mln euro cash call subscription Wednesday. MILAN, Nov 27- In 2008, Maurizio Prato, then chairman of Alitalia, said only an "exorcist" could save the Italian airline.
MADRID/ PARIS, Nov 27- One year ago, when Spain's Mariano Rajoy travelled to Paris to meet France's Francois Hollande for their annual bilateral summit, only one question was on the agenda: if and when Spain would seek a European bailout for its crippled public finances.
*Unemployment rate falls to 12.8 percent from 13.6. DUBLIN, Nov 26- Irish unemployment shrank at its fastest pace in four years in the third quarter, falling below 13 percent for the first time since a property bust and boosting the government just as it completes its EU-IMF bailout.
BERLIN, Nov 23- German Finance Minister Wolfgang Schaeuble said on Saturday that there were no longer any risks of contagion in the euro zone, and Greek Prime Minister Antonis Samaras stressed his country did not need a further bailout.
ATHENS, Nov 21- Greece more than doubled its forecast for a budget surplus before interest payments this year, hinting at light at the end of the tunnel for its battered economy and boosting its chances of securing more leeway on its debts to the EU and IMF.
Editor: Malcolm Davidson +44 20 7542 6958. BRUSSELS/ FRANKFURT- A leading international think-tank urged the European Central Bank to loosen the purse strings further and buy euro zone government and corporate bonds to accelerate a weak recovery. Credit Suisse private bank co-heads confident of growth.
*Ireland to formally exit bailout on Dec. 15. DUBLIN, Nov 14- Ireland said on Thursday it would make a clean break from its EU/IMF bailout next month, forgoing a precautionary credit line that some of its European partners had wanted it to take.
DUBLIN, Nov 14- Ireland's cabinet met on Thursday to discuss its exit from an EU/IMF bailout and is expected to announce that it will not opt to take a precautionary credit line, sources told Reuters. Irish Finance Minister Michael Noonan briefed cabinet before departing for a meeting of euro zone finance ministers in Brussels.