European Central Bank

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European Central Bank


	Engrish Doubts Grow Over Austerity for Greece Even as he promised that Greece would meet European Union requirements for another installment of rescue funds, Greek Finance Minister Evangelos Venizelos said Wednesday that his country was on a "knife's edge." He said Some EU members want Greece to leave the eurozone, which he called "playing with fire." ... Dobuts Grow Ovr Autsreity fur Grece Even az he prmosied dat Grece might met Euorepan Union reuqrimenets fur anudda intslaemnt ob recsue funds, Grek Fiannce Miintser Evnaeglos Veinezlos says Wendseday dat his conutry wuz awn ans "knfie's edge." He says Sum Eu mebmers wans Grece ot toddle off teh euorozne, wich he meowed "plyaing wif fire." ...


	Engrish S&P Downgrades French Credit Rating S&P's downgrade of France's credit rating has been expected for weeks. French Finance Minister Francois Baroin called it only "half a surprise," as he confirmed on TV Friday night the downgrade from AAA to AA+. He described it as among a series of S&P credit changes across the 17-nation eurozone.... S&p Donwrgdaes Frnech Tick Raitng S&P's donwrgade ob Frnaec's tick raitng gots has all mod cons fur weks. Frnech Fiannce Miintser Frnaocis Baorin meowed eet ownlee "half ans suprirse," az he cofnrimed awn Tv Frdiay night teh donwrgade frum Aaa ot Aa+. He decsirbed eet az among ans seires ob S&P tick chnages acros teh 17-naiton euorozne....


	Engrish Economic Worries Spark French-British Tensions Slow growth and high debts have strained European Union ties this year, raising arguments that Europe must either bind closer together fiscally and economically, or face at least the prospect that the 17-nation eurozone might break apart. Britain - which is not part of the eurozone - made clear earlier this month it would not join a new fiscal pact championed by France and Germany. ... Ecnomoic Willies Spark Frnech-Brtiish Tesnoins Slow grwoth adn up debts haz starnied Euorepan Union ties dis 365 days period, rasiing arugemnts dat Euorpe must eihter bind clsoer toeghter ficsaly adn ecnomocialy, or face be least teh prsoepct dat teh 17-naiton euorozne myte break apart. Brtiain - wich iz nawt part ob teh euorozne - mayde clear ealrier dis month eet might nawt join ans not old ficsal pact chmaipnoed beuy Frnace adn Gemrany. ...


	Engrish European Debt Crisis Summit Starts Some officials have described the European summit as a moment of reckoning for the common currency, under siege by Europe's burgeoning debt crisis. But before the meeting opened Thursday night, there remained a divergence of opinion on exactly how to resolve the two-year debt contagion that threatens the stability of the world economy.... Euorepan Debt Crsiis Sumit Strats Sum ofciails haz decsirbed teh Euorepan sumit az ans moemnt ob rekcnoing fur teh comon cuerncy, not over siege beuy Euorep's bugroeinng debt crsiis. But bfour teh meitng opneed Purrsday night, they are reamnied ans dievgrnece ob opniion awn bang on hao ot reoslve teh one plus one-365 days period debt cotngaion dat thertaens teh stbaliity ob teh world ecnoomy....


	Engrish Europe Central Bank Lowers Rates Just hours before the start of the European Union summit, French and German leaders were in the southern French city of Marseilles, making a final pitch to overhaul key European treaties. ... Euorpe Cetnral Bank Loewrs Rates Jus hours bfour teh start ob teh Euorepan Union sumit, Frnech adn Gemran ledaers wears ins teh sotuehrn Frnech city ob Masrieles, maikng ans final pitch ot ovreahul key Euorepan traeites. ...


	Engrish Sarkozy Lays Out Vision on Eurozone Reforms President Sarkozy offered a grim assessment about the state of France - and of Europe - at a time of shrinking growth, rising deficits and growing fears of the eurozone imploding. He spoke a week ahead of a key summit of European leaders who are facing mounting pressure to come up with a strong, bold and comprehensive solution to the eurozone crisis after what many believe is a series of half measures throughout the year. ... Sakrozy Lays Owt Viison awn Euorozne Reofrms Prez Sakrozy ofreed ans grim asseemnt abowt teh state ob Frnace - adn ob Euorpe - be ans thyme ob shirkning grwoth, riisng deificts adn grwoing fears ob teh euorozne imlpdoing. He spoke ans wek ahead ob ans key sumit ob Euorepan ledaers whoms r faicng monuitng prseure ot kum not down wif ans tough, bold adn copmerehsnive souliton ot teh euorozne crsiis not before wut umpteen beileve iz ans seires ob half mesarues thorguohut teh 365 days period. ...


	Engrish Europe Fights for Euro's Survival The ministers appeared set to negotiate terms of proposals that would have - until recently - been unthinkable. They could force the 17 countries that use the euro to cede control of their sovereign spending to a central authority.... Euorpe Fihgts fur Euor's Suvrvial Teh miintsers apaered set ot neogitate terms ob prposoals dat might haz - until reectnly - has unhtniakble. Dey cud force teh 17 conurties dat ewez teh euro ot cede cotnrol ob thems soeverign spneidng ot ans cetnral auhtroity....


	Engrish Greece Has Interim PM; Italy's Berlusconi Survives Vote Socialist Prime Minister George Papandreou, who is resigning as the country's leader, worked on an agreement Tuesday night with opposition leader Antonis Samaras on a power-sharing coalition government to serve until national elections early next year.... Grece Gots Inetrim Pm; Itlay's Belrsuocni Suvrvies Vote scoaiilst Prime Miintser Dubya Paapdnerou, whoms iz reisnging az teh conurty's top banana, wokred awn an ageremnt Tuseday night wif opsotiion top banana Anotnis Saamras awn ans big time-shraing colatiion rulezors ot serve until naitnoal elceitons early next 365 days period....


	Engrish Europe’s Economic Struggles Continue Despite Greek Deal Just as Greece appears close to resolving its domestic political dispute and accepting a financial rescue package from the European Union, Italy is edging closer to an economic crisis of its own.... Euorep’s Ecnomoic Sturlges Cotnniue Depsite Grek Deal Jus az Grece apaers close ot reosvling its doemtsic poilitcal argue the toss adn acpeitng ans fiancnial recsue pakcage frum teh Euorepan Union, Italy iz edigng clsoer ot an ecnomoic crsiis ob its pwn....


	Engrish Greek Parliament Adopts Austerity Plan After Day of Protests All but one of the ruling Socialist lawmakers voted for the budget-cutting plan. The vote virtually ensures that Greece will secure an $11 billion segment of its $159 billion bailout from last year and avoid a default next month on its international loans.... Grek Palraiemnt Adpots Autsreity Plan Not before Dae ob Prtosets Whole kit and caboodle but wun ob teh ruilng Soiclaist lamwkaers voted fur teh bugdet-cuitng plan. Teh vote vitrauly enusres dat Grece is seucre an $11 biilon semgent ob its $159 biilon baliout frum yester-year} adn avoid ans deafult next month awn its inetnrtaoinal loans....


	Engrish Strikes Paralyze Athens Amid Violent Clashes <!--AV-->... Stirkes Paarylze Atehns Amid Viloent Clsahes <!--Av-->...


	Engrish 'Occupy Wall Street' Movement Gains Size, Support One month after the Occupy Wall Street protesters moved into New York City's Zuccotti Park, the movement has spread globally, and gained momentum at home. ... 'oucpy Wal Stert' Moevemnt Gains Size, Suoprt Wun month not before teh Ocupy Wal Stret prtoseetrs moved not out of Not old York Ciyt's Zuocti Park, teh moevemnt gots sperad glboaly, adn ganied moemtnum be yam. ...


	Engrish European Economic Protests Turn Violent in Rome Tens of thousands of demonstrators turned out Saturday in central Rome to voice their discontent at the government’s failure to deal with the economic crisis. But soon what began as a peaceful demonstration turned violent. ... Euorepan Ecnomoic Prtosets Two's Viloent ins Rome Tens ob thuoasnds ob deomsnrttaors tunred owt Caturday ins cetnral Rome ot voice thems dicsnoetnt be teh goevnremtn’s faliure ot deal wif teh ecnomoic crsiis. But son wut began az ans pecafeul deomsnrttaion tunred viloent. ...


	Engrish Europe's Financial Crisis Intensifies This is not the first time Dexia has been in trouble. French and German authorities bailed out the bank in 2008. Now it is on the financial brink again because of its high exposure to Greek debt. ... Euorep's Fiancnial Crsiis Inetsnfiies Dis iz nawt teh nawt sekkund thyme Dexia gots has ins argy-bagry}. Frnech adn Gemran auhtrotiies balied owt teh bank ins 2008. Nao eet iz awn teh fiancnial brink agin beacuse ob its up exopusre ot Grek debt. ...


	Engrish Clashes in Athens As Europe Fears Looming Bank Crisis A demonstration against the Greek government’s latest toughening of austerity measures turned violent as masked youths hurled rocks and Molotov cocktails at security forces; they responded with tear gas and baton charges.... Clsahes ins Atehns Az Euorpe Fears Loimng Bank Crsiis Ans deomsnrttaion not for teh Grek goevnremtn’s laetst toguehinng ob autsreity mesarues tunred viloent az maksed yotuhs hulred rocks adn Mooltov cokcatils be seucirty focres; dey repsnoded wif tear gas adn baton chrages....


	Engrish IMF Promotes Coordinated Action to Prevent Global Financial Crisis U.S. Treasury Secretary Timothy Geithner and China's central bank governor Zhou Xiaochuan delivered their warnings during speeches to leaders of the International Monetary Fund Saturday. ... Imf Prmotoes Codrnitaed Aciton ot Prveent Glboal Fiancnial Crsiis U.S. Traeusry Sercteary Tiomthy Getinher adn Chnia's cetnral bank goevnror Zhou Xioahcuan deilevred thems wanrnigs duirng spcehes ot ledaers ob teh Inetnrtaoinal Moenatry Fund Caturday. ...


	Engrish Central Banks to Provide Additional Loans for Europe The European Central Bank said Thursday it will make three-month dollar loans to eurozone banks in coordination with the U.S. Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank. It says the new loans are meant to ensure that the commercial banks have enough access to U.S. currency through the end of this year.... Cetnral Banks ot Prvoide Adtioinal Loans fur Euorpe Teh Euorepan Cetnral Bank says Purrsday eet is make two plus one-month dolar loans ot euorozne banks ins codrnitaion wif teh U.S. Feedral Reesrve, teh Bank ob Enlgand, teh Bank ob Japan adn teh Swis Naitnoal Bank. Eet sez teh not old loans r meant ot enusre dat teh coemcrial banks haz enuogh aces ot U.S. cuerncy thorugh teh end ob dis 365 days period....


	Engrish European, Asian Markets Tumble on Greek Default Fears While Greece is not a particularly large economy, it has borrowed such large sums that a default might send a wave of damage through banks in many other nations.... Euorepan, Asian Makrets Tubmle awn Grek Deafult Fears While Grece iz nawt ans patrciluraly beezer ecnoomy, eet gots boorwed such beezer sums dat ans deafult myte send ans wave ob daamge thorugh banks ins umpteen udder naitons....


	Engrish G7 Nations Pledge $38 Billion to Arab Nations French Finance Minister Francois Baroin announced the pledge Saturday at the second day of talks involving finance ministers and central bankers from the Group of Seven nations, plus Russia, in Marseille, France.... G7 Naitons Pldege $38 Biilon ot Arab Naitons Frnech Fiannce Miintser Frnaocis Baorin told teh pldege Caturday be teh after first dae ob talks inovvling fiannce miintsers adn cetnral bakners frum teh Group ob Seven naitons, plus Rusia, ins Masriele, Frnace....


	Engrish Germany, France Call for Common Eurozone Economic Government After meeting in Paris Tuesday, French President Nicolas Sarkozy said he and German Chancellor Angela Merkel want a "true European economic government," an effort aimed at controlling the continent's burgeoning debt crisis.... Gemrany, Frnace Cawl fur Comon Euorozne Ecnomoic Rulezors Not before meitng ins Paris Tuseday, Frnech Prez Nioclas Sakrozy says he adn Gemran Chnaeclor Anegla Mekrel wans ans "true Euorepan ecnomoic rulezors," an efort aimed be wear the trousers teh cotnninet's bugroeinng debt crsiis....


	Engrish European Markets Boosted by US Rate Announcement The U.S. central bank said Tuesday it would maintain “exceptionally low” interest rates at least until 2013. That appears to have rallied European markets.... Euorepan Makrets Botsed beuy Us Rate Anuocnmeent Teh U.S. cetnral bank says Tuseday eet might maniatin “ecxpeitnoaly low” ineterst rates be least until 2013. Dat apaers ot haz railed Euorepan makrets....


	Engrish Markets Plunge; S&P, US Spar Over Rating Cut In early Asia trading Tuesday, Japan's Nikkei index was down almost 4 percent, and Seoul's KOSPI index was down 4.4 percent.... Makrets Plnuge; S&p, Us Spar Ovr Raitng Kut Ins early Asia trdaing Tuseday, Jaapn's Nikei index wuz down alomst 4 pecrent, adn Seuol's Kospi index wuz down 4.4 pecrent....


	Engrish Asian Markets Open Sharply Lower After US, European Plunge Tokyo's Nikkei, Sydney's Australian Securities Exchange, and Seoul's Kospi were all down about four percent shortly after opening.... Asian Makrets Open Shraply Lower Not before Us, Euorepan Plnuge Toyko's Nikei, Syndye's Autsarilan Seucirites Exhcnage, adn Seuol's Kospi wears whole kit and caboodle down abowt four pecrent shrotly not before opneing....

European Union Greece Athens Finance Minister Evangelos Venizelos Greek

Monetary Commissioner Olli Rehn London Center European Reform International Monetary Fund

European Central Bank Greeks Germany Foreign Minister Alain Juppe Europe

European Parliament European France Finance Minister Francois Baroin AAA

AA+ S& French President Nicolas Sarkozy Marine Le Pen French

German Laurent Maruani HEC Paris Maruani

Britain British United Kingdom Fitch Ratings Draghi

Brussels Barack Obama Washington President Obama Chancellor Angela Merkel

Sarkozy President Sarkozy Marseilles President Nicolas Sarkozy Merkel

Frankfurt ECB Standard Prime Minister Jean Toulon

Lisbon Karel Lannoo European Policy Studies Commission Lannoo

Chatham House Brussels Tuesday Italy Portugal United States

Organization Economic Cooperation Development Lucas Papademos Prime Minister George Papandreou

Antonis Samaras Debt GDP Ratio Rome Italian Prime Minister Silvio Berlusconi

Italian White House Tilford Ireland Spain

Spanish Greek Parliament Socialist Syntagma Square GDP

IMF Occupy Wall Street New York City Tokyo American

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New York Australian Switzerland General Ban Ki Group

Nobel Lech Walesa Street Pulitzer Prize Internet

Defense Ministry Bank Video Protests Franco

Dexia Luxembourg Belgian Belgium Jean

Trichet Obama Europeans Molotov Debt"

Tobias Blattner Daiwa Capital Markets Secretary Timothy Geithner China Finance Minister Guido Mantega

Managing Director Christine Lagarde Fund World Bank Reserve England

Japan European Commission Greek Prime Minister George Papandreou Poland Bloomberg

Arab Seven Russia Marseille Tunisia

Jordan Transitional National Council Libya Christine Lagarde Congress

Paris Tuesday German Chancellor Angela Merkel Van Rompuy Robert Halver America

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Souce: voanews.com