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Positive Spanish bond auction eases market nerves.

Thursday, December 15, 2011 - 02:27

Dec. 15 - The euro zone debt crisis continues to dominate markets and politics - the ECB President Mario Draghi warns the central bank's bond-buying programme is not infinite.

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Some red. Figures out today show inflation across Sierras and holding steady at 3% still well above the European central bank's target but just done that today. The ECB president man dragging warning the -- program of bond buying to help struggling economy is neither a tunnel. No incidents giving a lecture him -- -- dragging also couldn Europe's political leaders to speak unambiguously. And then deliver. However the crisis has. -- yet. It's not important not to lose momentum. And to strictly implement all lose this lesions that have been taken to put the Euro area economy back on course. ECB president Mario dragging speaking in and the debt crisis continuing to dominate both markets and politics in Europe Russia -- is pledging at least ten billion dollars in -- to the areas that involve the on at the Russian President Dmitry Medvedev. In Brussels the tools that he would -- is a -- and I'll -- message saying he's confident the seventeen men -- Europe golf we'll recover -- instability. -- the last two years. Elsewhere increased more than a thousand pensioners have taken to the streets of the capital Athens to protest against -- -- -- the government Tony twelve budget aims to account deficit from 9% of GDP. -- 5%. Meanwhile international inspectors saw warning Greece is promised reform program is falling behind schedule and delaying recovery. Representatives of these so called troika of the EU IMF and ECB had been holding tools to prominence than than this. Hypotheticals. Looking ahead the Italian government has called a vote of confidence for tomorrow right from an estimate Maltese administration wants to speed up approval of -- that I -- billion year accounts package. And that restoring market confidence in the year -- the biggest economy. So notable that a treasury ocean in Madrid today -- banks find it boring calls -- to 2% -- than -- cities. A dollar and is expected to have racked up another quarter of negative growth between July and September GDP numbers out tomorrow awful calls the show a drop of zero point 5% to local. But one point 5% growth. -- -- -- Okay that's sold from las announced on Dustin Johnson this is Royces.