RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 12/07/11

Comments

[TruthInSunshine]

We're really getting into some good shit territory now (I can't wait for tomorrow's headlines), but as of now, these will have to suffice:

• 07-12 06:00: EU's Rehn says situation in Greece and elsewhere in Europe poses a serious contagion threat to European economic recovery

• 07-12 06:03: EU's Rehn says the debt crisis has increasingly systemic features

• 07-12 05:55: Bailed-out countries to get interest rate cut "soon," Independent.ie reports

• 07-12 06:02: Portugal's Secretary Market Commission says stress tests on banks not concluded, and results are due only on Friday

• 07-12 06:38: OECD's Gurria says the Greece solution must involve all debt maturities

• 07-12 06:36: EU's Almunia says has reached an agreement with HSH owners about a restructuring plan

• 07-12 06:34: OECD's Gurria says Greece default is not necessary

[Zero Govt]

he's looking even greener and more ill today... even his shirt is glowing green ...is Ransqueek offices near the UK's Sellafield or some French nuclear plant?!!

No more Vids please (please???) until this poor sod has seen a Doctor