25-Oct-2011 00:57 EU

EU leaders urge action from Italy :: European leaders have demanded that Italy make a major effort to reduce its 1.9tn euro debt burden.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/business-15423600

EU Leaders Press Italy for Reform at Crisis Summit :: EU leaders piled pressure on Italy Sunday to hasten economic reforms to avoid a Greece-style meltdown as they began a crucial two-leg summit called to rescue the Eurozone from a deepening sovereign debt crisis.
url: http://www.ibtimes.com/articles/235978/20111023/eu-leaders-press-italy-for-reform-at-crisis-summit.htm

EU Ready for Decisive Moves in the Debt Crisis: French PM :: The European Union is ready to adopt decisive measures to tackle its sovereign debt crisis, French Prime Minister Francois Fillon said Sunday.
url: http://www.ibtimes.com/articles/235960/20111023/eu-ready-for-decisive-measures-on-debt-crisis-french-pm.htm

Italy, Spain Under Pressure as EU Frames New Bank Deal :: EU finance ministers outlined a deal on Saturday for recapitalizing European banks, and the leaders of Germany and France said they hoped for a breakthrough in tackling the Eurozone debt crisis at a summit on Wednesday.
url: http://www.ibtimes.com/articles/235955/20111023/europe-european-union-eurozone.htm

VIDEO: Eurozone banks to raise 100bn euros :: EU finance ministers meeting in Brussels have agreed that eurozone banks should raise more than 100bn euros ($140bn; £87bn) in new capital to deal with the debt crisis.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/business-15419277

Banks Cannot Rely on Taxpayer Cash: Swedish Finance Official :: Banks cannot rely on taxpayers' money to recapitalize themselves, Sweden's Finance Minister said Saturday ahead of a meeting of EU finance ministers that was due to discuss steps to strengthen the European banking system.
url: http://www.ibtimes.com/articles/235818/20111022/bank-recapitalization-eu-eurozone-greece-sweden.htm

EU transparency rules tougher than expected :: Michel Barnier, European Union single market commissioner, will unveil plans to make mandatory a breakdown of all outlays to state authorities
url: http://www.ft.com/cms/s/0/ba484354-fe66-11e0-bac4-00144feabdc0.html?ftcamp=rss

Sarkozy and Cameron Clash Over Eurozone Bank Rescue Summit :: There are 27 nations in the European Union (EU), but only 17 members in the Eurozone – Britain is not in the currency bloc.
url: http://www.ibtimes.com/articles/236612/20111024/eurozone-bank-rescue-sarkozy-france-germany-uk-cameron.htm

VIDEO: EU red tape hurting UK firms says CBI :: CBI Director General said British firms want "access to the single market but not all the rigmarole that goes with it", as he was asked how the problems in the eurozone would affect UK firms and markets.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/uk-politics-15429838

VIDEO: How important is the EU meeting? :: Although a weekend summit of eurozone leaders was inconclusive, the outline of a deal was agreed, with a summit to finalise details set for Wednesday.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/business-15428993

Euro Nations Close to Resolving Debt Crisis? :: Euro nations may be coming closer towards a resolution of the sovereign debt crisis as more specific solutions may be reached after another EU summit on Wednesday.
url: http://www.ibtimes.com/articles/236138/20111023/euro-nations-close-resolving-debt-crisis.htm

VIDEO: Asian stocks rise on euro talks :: Asian stocks have risen following talks between EU leaders on solving the region's debt crisis by bolstering the capital cushions of banks.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/business-15425429

Australian Dollar Outlook - 10/24/2011 :: Bell FX Currency Outlook:
The AUD has opened above 1.0300 this morning, as financial markets continued to look for a positive resolution of the European debt crisis, following the weekend's EU emergency summit.
url: http://www.ibtimes.com/articles/236094/20111023/australia-dollar-eud-aud-base-metals-china-gold-dow-jones-goldman-sachs-ftse-hang-seng-index-shangha.htm

Global Markets Overview - 10/24/2011 :: European leaders are nearing agreement on a plan that would see the region's banks raise around EUR100 billion in fresh capital, said three people familiar with marathon talks taking place Sunday.
url: http://www.ibtimes.com/articles/236073/20111023/australia-dollar-eud-aud-base-metals-china-gold-dow-jones-goldman-sachs-ftse-hang-seng-index-shangha.htm