BHP Billiton

first_imgWednesday 18 August 2010 8:04 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content whatsapp whatsapp AS the late Wall Street legend Bruce Wasserstein was famed for saying, it’s time for BHP Billiton’s advisers to start “bidding ‘em up”. Because there is quite simply no way the miner will get its hands on Canada’s Potash for $130 (£83.32) a share, an offer that values the fertiliser giant at around $40bn. There’s no doubt that the acquisition makes sense for BHP. As the world’s population continues to grow, food stuffs – and therefore fertiliser – will be in much demand. The deal, if it goes through, will be earnings enhancing in its second year, says BHP. So the strategy is right, but the maths is wrong. The market knows this: Potash shares are already trading at a 15 per cent premium to the bid. So how high can BHP afford to go without crimping its chances of making the deal earnings accretive? Analysts at Standard & Poor’s say the miner could raise its offer to around $160 a share and still see the benefits on its bottom line. That said, BHP can afford to keep its powder dry – for now. Although Potash is hoping for a white knight, the fact is none of the potential saviours will be able to move quickly. This is now a waiting game. BHP Billiton Tags: NULL Show Comments ▼ Sharelast_img read more

MPC sticks to low interest rate policy

first_img Show Comments ▼ More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Tags: NULL whatsapp whatsapp MPC sticks to low interest rate policy center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com KCS-content Thursday 9 September 2010 8:16 pm THE Bank of England voted to keep monetary policy on hold this month with interest rates remaining at their historic low of 0.5 per cent and asset purchases at £200bn. The decision did not surprise City economists, who had widely expected the Monetary Policy Committee (MPC) to uphold the status quo for another month. Although the economy grew relatively strongly in the second quarter, recent surveys have pointed to a slowdown in the pace of growth. Interest rates have been at 0.5 per cent since March 2009, though the central bank said it would pause asset purchases back in February 2010. However, the minutes of the MPC’s September meeting – to be published on 22 September – are anticipated to be closely watched. Sharelast_img read more

BoA Merrill to rejig European finance team

first_img BoA Merrill to rejig European finance team whatsapp Tags: NULL whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyNoteabley25 Funny Notes Written By StrangersNoteableyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timesautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img KCS-content BANK of America Merrill Lynch yesterday unveiled changes in its team covering Europe’s financial firms, following similar announcements from two other banks ahead of an expected increase in equity raisings and deals.Bank of America Merrill Lynch hired four financial institutions group (FIG) bankers and said it was rejigging its Europe, Middle East and Africa coverage model to match arrangements in the United States and Asia.New capital rules agreed by regulators on Sunday are expected to prompt banks in Europe to raise billions of euros in equity, or encourage stronger banks to seek acquisitions, analysts have said.That could increase the fight for FIG business, and earlier yesterday US investment bank Keefe, Bruyette & Woods (KBW) said it had hired six FIG bankers in London, while France’s BNP Paribas announced a shake-up of its operation.Bank of America Merrill Lynch said Mike Coppock, formerly of HSBC, and Richard Saden, formerly of Natixis, would join as managing directors this month alongside ex-Citigroup banker Georg Musil. Gareth Braithwaite is due to join as a managing director in October from RBS. Share Tuesday 14 September 2010 8:53 pmlast_img read more

France, Spain raise €12bn in debt sale

first_img Tags: NULL More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com KCS-content France, Spain raise €12bn in debt sale whatsapp whatsapp Show Comments ▼center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterBrilliant TravelerHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeBrilliant TravelerNoteabley25 Funny Notes Written By StrangersNoteableyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share France and Spain yesterday sold over €12bn (£10bn) of debt yesterday, clearing a final hurdle in a big week of bond issuance in the Eurozone with issues meeting strong demand.France sold €8.47bn of debt with demand seen at the top end of the range, with the average yield falling across all three issues made by the Treasury.Around €30bn of issuance has come to market this week, with debt from core countries such as Germany attracting solid interest, while smaller treasury note issues from Portugal suffered from the heavy supply.But fellow periphery country Spain comfortably sold its longer dated bond issues while yields fell sharply from the last auctions of the bonds in June, reflecting improving sentiment as the country battles to control its deficit.Spain sold €2.7bn worth of 10-year, 4.0 per cent coupon bonds and close to €1.3bn worth of 30-year, 4.7 per cent coupon bonds, in line with the Treasury’s target of €3-4bn.“It’s been a tremendous success and it improves the horizon for Spain’s issues heading into the final quarter. It seems that Spain is gaining more credibility in the market,” said a trader with knowledge of the Treasury’s sales.The Treasury also paid much less to finance the re-issuing of the bonds from June, a moment when markets were more concerned that Spain would go the way of Greece.The yield on the 10-year issue fell to 4.144 per cent from 4.864 per cent in June, while it eased to 5.077 per cent from 5.908 per cent on the 30-year issue.A source also said that more than 50 per cent of the issues were sold to foreign investors, a sign of increasing confidence in Spanish debt.The auctions followed Portugal’s sale of €750m of 12-month treasury bills, where yields rose sharply given concerns over the country’s budget discipline. The French auctions also attracted solid demand. The French treasury sold €3.15bn of September 2012 BTANs, €1bn of July 2013 paper and €4.313bn of July 2015 BTANs. Thursday 16 September 2010 8:58 pmlast_img read more

Deutsche Bank set for a third quarter loss

first_img Deutsche Bank yesterday said sales and trading activity during July and August was weaker than a year ago, providing a warning shot that third-quarter investment banking earnings could be weak across the board.In a trading update provided as part of the prospectus for Deutsche Bank’s planned €10.2bn (£8.6bn) capital increase, Germany’s flagship lender said it expects to post a loss during the third quarter thanks to a one-off charge and weaker trading. The main reason for the loss is a €2.3bn revaluation charge for the bank’s stake in Deutsche Postbank, but news of weak trading over the summer months sent jitters across the sector.Deutsche Bank shares closed down 4.5 per cent, helping send the Stoxx Europe 600 banking index down 0.8 per cent lower as Deutsche Bank’s rivals UBS, Credit Suisse and HSBC closed down one per cent or more.Deutsche Bank said sales and trading revenues at its corporate banking and securities (CB&S) businesses suffered seasonal reductions in July and August that were “more marked than in the comparable third quarter of 2009”.In the third quarter of 2009 Deutsche Bank had posted a pre-tax profit of €1.4bn. Tuesday 21 September 2010 8:31 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp whatsapp Deutsche Bank set for a third quarter loss Share Show Comments ▼ KCS-content Tags: NULLlast_img read more

BoE says spend not save

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Show Comments ▼ Monday 27 September 2010 8:31 pm THE deputy governor of the Bank of England called for Britain’s 22m savers to eat into their reserves and spend more to help stimulate the economy yesterday.Charlie Bean said the BoE wanted households to spend more rather than save. Bean’s comments come as British savers suffer poor returns on their deposits following the Bank’s intervention in the financial crisis which have brought interest rates to their lowest level in history.Bean said this was part of an “aggressive policy” designed to deal with a “once-in-a-century” financial crisis.In an interview with Channel 4 News Bean added that while savers might be suffering now “there will be times in the future as there have been times in the past when they will be doing very well out of the fact that interest rates are at a relatively high level.” The deputy governor added it was Bank policy to “encourage more spending” although he admitted the BoE would prefer to see that in the form of more business spending. BoE says spend not save Share KCS-content whatsapp whatsapp Tags: NULLlast_img read more

Coalition still too complacent on tax

first_img Share whatsapp IT IS heating up here in Birmingham at the Conservative Party conference. George Osborne is about to launch a scathing attack on Ed Miliband for failing to grasp the importance of cutting the deficit; and a deal has been agreed to sweep away the plethora of incentive-destroying benefits, eventually replacing them with a single payout designed to ensure that work always pays more than welfare.All good stuff. But the government remains too complacent on tax. I have learnt that around 25-50 hedge funds have already moved out to Switzerland, with up to 10 relocated to Jersey. Meetings regularly take place between Jersey and other, much larger financial institutions, including top UK-based asset managers.Kinetic Partners estimates that around 1,000 hedge fund managers have already left the UK; it puts their average income at £1.5m-£2m per year. The loss to the exchequer has now reached a minimum of £500m and is probably much higher. Two individual moves alone will have cut the exchequer’s revenues by £200m.Over time, the biggest problem will not be the jobs that actually relocate – it is the jobs that won’t be created in the UK, including support staff, retailers and others. We ought to be trying to attract companies and labour, not to repel them. The Kinetic report adds that the increasingly nasty political climate, constant banker-bashing and general anti-capitalist mood music is also beginning to drive people away. Nobody likes to be loathed.The research, which comes barely a week after Wolseley became the latest high-profile firm to relocate for tax reasons to Switzerland (and to Jersey), makes for grim reading. Wolseley will save about £23m a year in reduced taxes. That is grim news for the Treasury as this could pay for 230 GPs or 1,000 nurses. The damage from the hedge fund exodus is substantially greater. Those who dislike the City should pay attention: you can’t claim to like jobs yet hate those who create or pay for them.This quantification of the harm caused by Britain’s counter-productive return to the politics of envy is backed up by a separate study from the Institute of Directors. The UK’s corporation tax rate of 28 per cent means that 18 out of 31 OECD countries now have lower rates. Even the planned rate of 24 per cent will not put the UK in front of the pack. Skilled workers look for low marginal tax rates; this is especially true of those based in London, many of whom have already left one country in search of better work. The 40 per cent rate was just about tolerable, although it was becoming increasingly uncompetitive. The 50 per cent rate is too high, especially when accompanied by other measures such as the hike in capital gains tax, the assault on non-doms and higher national insurance contributions (which take the real top rate to 51.5 per cent, one of the highest in the world). The never-ending consultation on reforms to international taxation, including the destructive controlled foreign companies (CFCs) regime, may be going well but the process is too slow and insufficiently credible to stop the exodus.Waging war on the “rich” is always fashionable in difficult times. But it is also the best way to kill jobs and lose tax receipts. The coalition needs to act: trimming spending is not enough – Britain also desperately needs a pro-growth tax [email protected] Show Comments ▼ whatsapp Coalition still too complacent on tax center_img KCS-content Sunday 3 October 2010 11:25 pm Tags: NULLlast_img read more

Boots takes control of ANZAG

first_img Retail giant Alliance Boots yesterday said it had reached agreement with shareholders to acquire a further 51.65 per cent stake in German pharmaceutical wholesaler Andreae-Noris Zahn (ANZAG). At the same time, Boots launched a voluntary tender offer for the outstanding 18.4 per cent of the company it does not yet own, at €26 per share. Boots takes control of ANZAG Share whatsapp KCS-content More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Monday 18 October 2010 7:39 pm Show Comments ▼ Tags: NULLlast_img read more

William Hill tops forecasts thanks to World Cup

first_img Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads Bookmaker William Hill said it expected to report operating profit at the top-end of analysts’ expectations after a strong third-quarter helped by favourable football results and the later stages of the World Cup.The company, which has a high-street and an online presence, said net revenue grew 22 per cent, with Internet revenue up 35 per cent against 16 per cent growth for retail, and group operating profit rose 64 percent in the 13 weeks to 28 September. Chief executive Ralph Topping said: “We have seen an ongoing positive performance from our growing online business and from machines which, when allied to a period of very favourable sports results, have driven strong net revenue performance.”He said the group was well placed for the final quarter, although wider economic concerns kept it cautious for 2011.Analysts expect the group to report operating profit for the year of £253m, with a range of £247m to £262m, according to a company-supplied consensus.Investec analysts Paul Leyland upgraded his expectation for 2010 earnings per share by 5.5 percent to 19.3 pence and pretax profit by 4.5 per cent to £200.6m pounds after the update.“This was driven almost entirely by a better than average football margin and so we are not changing 2011E forecasts,” he said in a note on Thursday. Tags: NULL John Dunne Thursday 21 October 2010 3:41 amcenter_img whatsapp Share Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap William Hill tops forecasts thanks to World Cup last_img read more

Eurozone dominoes teeter on the brink

first_imgMonday 22 November 2010 8:10 pm Show Comments ▼ More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com PORTUGAL’S future was hanging by a thread last night as ministers desperately tried to deflect fears it will be the next Eurozone domino to fall.Portugal’s Prime Minister Jose Socrates was defiant, claiming: “The country does not need any help… What the country needs is to do what is necessary, to approve the budget, and to continue in its efforts.”But markets reacted negatively, credit default swaps (CDS) tied to Portuguese debt jumped 29.5 basis points to a one-week high of 447 basis points. CDS on Greek government debt, the first nation to receive a Eurozone bailout, rose 37 basis points to over 1,000, meaning bond-holders will have to pay more than €1m (£850,000) to insure €10m of Greece’s debt.Portugal’s problems are structurally different to those of Ireland and Greece. However, it is struggling to meet a target of lowering its deficit to 7.3 per cent of GDP this year. If the target is missed, it could push its debt servicing costs to unsustainable levels. Eurozone dominoes teeter on the brink by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comcenter_img whatsapp Share whatsapp KCS-content Tags: NULLlast_img read more