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Inside the News: Italy PM Monti to discuss "sacrifices"

Tuesday, November 15, 2011 - 02:38

Nov. 15 - Italian Prime Minister-designate Mario Monti is to meet the leaders of Italy's biggest two parties to discuss the ''many sacrifices'' needed to reverse a collapse in market confidence.

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They examined under the -- in -- steady growth in Germany and from strong quite lift the cloud of soaring Euro zone bond yields. That -- continues to depress investor sentiment this morning said -- growth Vegas. From Germany and France -- Germany growth is by half of 1% in line before cross sound expansion in the previous three months is arrives. Optimal point 3% the French economy is estimates to have grown by -- point 4% to. In the three months of September that is higher than full cost -- point 3% growth but revisions to second quarter today to show tomorrow contraction. But the pressure on non core eurozone bonds remains intense Spanish ten year yields -- six point 2% behind since oldest and placed refresh your lifetime -- The president makes a -- have a policy making is better as he does face a crisis forced selling. And a liquid market and banking sector concerns keeping yields find space goes up to three and a half billion euros in T bills later on this morning. European equities at me I love it but he Arafat's 300 -- seven tenths. Of 1% of the start playing in eleven years the European Union will today announce measures to rein in credit rating agencies. Out of Bruce concentrating. In government related derivatives these financial services chief Michel Gagne says -- and he's mistaken downgrade of France last week. Reinforces the drive to inject more competition to the ratings industry. In corporate earnings news easy jet returning 195. Million pounds with four here underlying pretax profit up 31%. 248 million are equities on -- mullah. Has that more on the easy -- story. It's good morning -- -- they could sit in numbers for sitting really on the year overall economy and it is a man I'd stop which is notoriously difficult -- could have exposure thing. Greater east and -- -- about a nation in the forward PE multiples nine point nine times this puts to stop in the fifty experts -- ranking terms of the sector of the stop it and says. This is not particularly attractive prominence of a national standpoint. Even though the evidence that they -- what we do need to see that any command to do to -- to bring the ventilation with the united kind of effective range. The stocks trading at a 29% discount to -- averages so we could see of animation and gap closed just in terms of its ability that it misses its bid groups -- an overall. I'm paid to other stops this that does he should see this as the -- this nagging somewhat effective. Okay thanks coverage of that removed from Richard Wright is wrong with point of failure analysis of major stock market indexes. But ten GMT will have live coverage of today's Germany. German city W index IMAX is probably --

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Inside the News: Italy PM Monti to discuss "sacrifices"

Tuesday, November 15, 2011 - 02:38