Eurozone end-of-year financial market tensions have been highlighted by the European Central Bank’s failure to reabsorb funds it has spent on buying government bonds to combat the region’s debt crisis, reports the Financial Times.

View original post here:
Euro Zone Banks Reluctant to Return ECB Funds

Irish Prime Minister Brian Cowen said his government has completed 10 days of negotiations on an EU-IMF bailout of his debt-crippled country and expects European financial chiefs to ratify the deal Sunday in Brussels.

Originally posted here:
Ireland Says Bailout Talks Complete, EU to OK Deal

As Irish and European officials engaged in tense talks over the terms of a multibillion dollar rescue package, Ireland’s Prime Minister Brian Cowen sais its low corporate tax rate and four-year budget plan, the New York Times reports.

Go here to see the original:
Irish Prime Minister: Budget Plans Are Already in Place

Buoyed by the busiest August in more than a decade, global mergers and acquisitions have risen 21 percent so far this year, with stable activity in the U.S.

The rest is here:
Deals Come Back in Third Quarter, Outlook Still Cautious

With the European bank stress tests out of the way, investors may shift their focus to what’s got the stock market perking up in the last couple of days.

Continue reading here:
Week Ahead: Markets Find Something to Cheer About

China sounded a gloomy note on Tuesday about its export prospects, warning in particular that belt-tightening by deeply indebted European Union governments would dampen demand for the country’s goods.

Excerpt from:
China Says Exports Outlook ‘Grim’ on Europe Demand

Borrowing by Spanish banks from the European Central Bank surged in June to a new record high, indicating tight access to funding before the expiry of 442 billion euros in one-year ECB loans at the start of July.

See the original post:
Spain Banks’ ECB Borrowing Surges to Record High

The European Central Bank will face pressure on Thursday to say whether Europe-wide stress tests on banks will be tough enough to convince markets of their worth but is likely to offer little beyond soothing words.

See the rest here:
ECB Seen Keeping Cool Under Stress Test Grilling

The acceleration of the European debt crisis was as good a reason as any for a stock market selloff that analysts say was long overdue anyway.

Link:
Europe’s Debt Crisis Isn’t Only Reason Stocks Are Dropping

European leaders said they were ready to support Greece to stave off a crisis, but disappointed markets by failing to offer details. Still, both US and European stocks managed to rebound.

Continue reading here:
Greek Aid Pledge Disappoints Markets, But Stocks Still Rise