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WRAPUP 1-Surprise Chile CPI drop gives monetary policy a breather

* Key interest rate seen holding at 5 percent in coming months * CPI surprisingly fell 0.5 percent in November * Consumer price fall is steepest monthly decline in 3 years * Inflation in 12 months to...

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Asian shares edge higher, focus on U.S. jobs

TOKYO (Reuters) - Asian shares ticked up to a 16-month high on Friday following modest overnight gains in global equities as investors watched progress in U.S. budget talks and awaited U.S. nonfarm...

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U.S. November tax receipts grow, deficit higher-CBO

* Lower unemployment, higher wages fuel tax receipt growth * Further gains may help U.S. stretch out debt limit reckoning By David Lawder WASHINGTON, Dec 7 (Reuters) - U.S. government tax receipts...

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Health workers march in Spain's capital against cuts, reforms

MADRID (Reuters) - Thousands of health workers, on strike since last month, marched on Sunday in Madrid to protest against budget cuts and plans from the Spanish capital's regional government to...

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GLOBAL MARKETS-Asia shares edge higher, focus on U.S. jobs

* MSCI Asia ex-Japan up 0.1 pct to 16-month high * Nikkei opens flat * Euro near 1-week low vs dollar By Chikako Mogi TOKYO, Dec 7 (Reuters) - Asian shares ticked up to a 16-month high on Friday...

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ECB doesn't aim to eliminate bond spreads with OMT: Coeure

FRANKFURT (Reuters) - The European Central Bank will not aim with its new OMT bond-purchase program to eliminate the premium over benchmark German Bunds that some governments pay to borrow on the...

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Spain 'not assured' to reach 2012 deficit target-cenbank's Linde

SANTIAGO Dec 7 (Reuters) - Spain could miss its budget deficit target this year, Bank of Spain governor Luis Maria Linde said on Friday, just a week after the government announced it would hold...

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UPDATE 3-Turkish growth slows, deeper rate cuts seen

* Growth below expectations * Minister urges central bank action * Excluding exports, economy shrank * Lira eases, bond yields fall By Daren Butler and Seltem Iyigun ISTANBUL, Dec 10 (Reuters) -...

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Spain Bad Bank Profit Pledge Seen Hindered by Housing

Spain’s pledge to generate profit from its bad bank will be undermined by two more years of property-price declines and the cost of maintaining the repossessed homes it will own, according to real...

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Shrinking Dutch economy in worse shape than thought

AMSTERDAM Dec 10 (Reuters) - The Dutch economy is in worse condition than originally believed, the country's central bank said on Monday, forecasting that it will now shrink over the coming year. The...

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UPDATE 1-Shrinking Dutch economy in worse shape than thought

* GDP -0.6 pct in 2013, vs +0.6 pct seen previously - cbank * Govt deficit -3.5 pct in 2013 vs -2.9 pct previously -cbank * More budget cuts may be required - cbank * Risk of Dutch credit downgrade...

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9 DEC 2012 "Europe: Out of the Freezer", Huw Pill's Op-Ed in the Sunday...

(Source: The Goldman Sachs Group Inc) 9 DEC 2012 Over the coming 18 months, prospects for economic activity in the euro area are bleak. Within the recently published Goldman Sachs Euro Area Outlook...

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Eurozone will continue to muddle through

The eurozone may be in crisis but there are still signs of hope, argues Huw Pill, Goldman Sachs' chief European economist. 560 315 TelegraphPlayer_9715001 By Huw Pill 3:15PM GMT 08 Dec 2012 Comments...

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Next Steps for Italy Uncertain After Departure of Euro Zone Power Broker

LONDON — Cerebral, bespectacled and more at home at a seminar than in the bear pit of Italian politics, Prime Minister Mario Monti for the last year has quietly restored Italy’s weight in European...

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Rectors of 50 Spanish state universities says cutbacks will set back recovery

MADRID - Rectors from about 50 state-run universities across Spain protested Monday that government spending cuts were choking third-level education and would set back the country's recovery. The...

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Spanish state universities protest cutbacks - Wire Business News - The...

MADRID -- Rectors from about 50 state-run universities across Spain protested Monday that government spending cuts were choking third-level education and would set back the country's recovery. The...

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>Spanish state universities protest cutbacks

MADRID (AP) — Rectors from about 50 state-run universities across Spain protested Monday that government spending cuts were choking third-level education and would set back the country's recovery. The...

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Spanish state universities protest cutbacks

MADRID -- Rectors from about 50 state-run universities across Spain protested Monday that government spending cuts were choking third-level education and would set back the country's recovery. The...

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Eurosystem and Latin American Central Banks hold sixth High-Level Seminar...

(Source: Banco de España) 8 December 2012 PRESS RELEASE EUROSYSTEM AND LATIN AMERICAN CENTRAL BANKS HOLD SIXTH HIGH-LEVEL SEMINAR Governors and high-level representatives of the Eurosystem and Latin...

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Eurosystem and Latin American central banks hold sixth high-level seminar...

(Source: ECB - European Central Bank) 8 December 2012 - Eurosystem and Latin American central banks hold sixth high-level seminar Governors and high-level representatives of the Eurosystem and Latin...

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