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Sunday 17 June 2012

UK Financial News on 2012-06-17

Greeks seek pro-bailout coalition
The leader of Greece's pro-bailout New Democracy party, set to win most seats in a general election, says he wants to form a government quickly......

More reform needed, says Spain PM
Spanish Prime Minister Mariano Rajoy says action is needed to make the economy "more flexible and competitive" after the IMF calls for wider reforms......

Greek exit would be 'catastrophe'
A Greek exit from the euro would be a "major catastrophe", the former Greek Prime Minister George Papandreou has told the BBC......

VIDEO: Your Money - mortgages and home insurance
Declan Curry looks at mortgage costs, home insurance and pensioners who are still working......

VIDEO: Call for quicker insurance settlements
When homeowners suffer flooding, a huge clean-up and insurance claims follow......

VIDEO: Can Dubai weather eurozone storm?
The IMF warned last week that what is happening in Europe could have major repercussions for the Gulf, especially Dubai......

VIDEO: 'Make or break' moment for eurozone
Former Greek Prime Minister George Papandreou has warned that it is "make or break" time for the eurozone, amid continuing political and economic turmoil in his country......

G20 summit to focus on eurozone debt crisis
The eurozone debt crisis will dominate the agenda at the G20 summit in Mexico.....

Does anything affect your statutory rights?
Does anything affect your statutory rights?.....

Burma: The next Asian tiger?
Can Burma grasp the opportunity provided by political reform?.....

Africa's middle class: Fact or fiction?
Is there an African middle class for business to profit from?.....

French Socialists win absolute parliament majority
June 17 - France's Socialist Party wins majority in parliamentary run-off elections, while far-right Front National secures first seats since 1980s. Deborah Lutterbeck reports......

Official projections show New Democracy in lead in Greece
June 17 - Official projections show the conservative New Democracy Party with the lead in Greek election. Deborah Lutterbeck reports.....

Eurozone worries felt in Kabul.
June 17 - Bankers in Kabul worry about impact of possible euro zone meltdown. Deborah Lutterbeck reports......

Hundreds demonstrate against bank bailout
June 17 - Spaniards in Madrid demonstrate against a bailout request from nationalised bank, Bankia. Julie Noce reports......

Leftist candidate Tsipras votes in Greece
June 17 - Leftist leader Alexis Tsipras cast his ballot in Greek elections. Rough Cut (no reporter narration)......

Samaras votes in Greek elections
June 17 - New Democracy leader Antonis Samaras casts his ballot in Greece. Rough Cut (no reporter narration)......

Voters head to the polls in Greece
June 17 - Polling stations open in Greece where election results could affect world wide financial markets. Rough Cut (no reporter narration)......

Romney hits Obama's economic record during six-state bus tour
June 16 - Presidential candidate Mitt Romney targets President Barack Obama's economic record while on bus tour through six key swing states. Deborah Lutterbeck reports......

Greeks ready for future-defining poll
June 16 - On the eve of a cliffhanger election, Greeks say they want to see radical changes but no exit from the euro. Sunita Rappai reports......

Greek election: Live
Official exit poll shows New Democracy ahead of anti-austerity Syriza with 29.5pc of votes, while German foreign minister suggests Greece could be given more time on reforms.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....

Niall Ferguson: If the young knew what was good for them they'd join the Tea Party
Young people should welcome austerity measures, historian Niall Ferguson has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/207104db/mf.gif' border='0'/>.....

Chuka Umunna - the youthful straight-talker who is not afraid to stir things up
Interview: 33-year-old MP Chuka Umunna has already made his mark in Parliament and he believes strongly that British business can be a force for good .<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/207104dc/mf.g.....

Businesses turn against the EU integration
UK companies are sceptical over whether the current level of integration with the European Union is beneficial to their prospects, according to the British Chambers of Commerce.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....

Force firms to reveal tax bills, urges MP Chuka Umunna
Companies should be forced to reveal how much tax they pay to the British government under a radical shake up of accounting rules, according to Shadow Business secretary, Chuka Umunna.<img width='1' height='1' src='http://telegraph.feedsportal.com.....

Timpson: How to 'part as friends' with staff
The management column: Straight-talking, common sense from the front line with John Timpson on 'settlement agreements', why he doesn't advertise and whether networking is a waste of time.<img width='1' height='1' src='http://telegraph.feedsportal......

Opec stand-off over world's oil supply
The fall in the oil price amid growing economic fears has laid bare divisions within the world's energy producers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2070889f/mf.gif' border='0'/><br/><br/.....

Week ahead in business and economics: June 18-22
Dixons to post full-year results against backdrop of Greek election.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20708255/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/13.....

End of industrial era as last munitions factory shuts
Tyneside was once the workshop of the world, but a remarkable piece of industrial history, which can be tracked back to the first Lord Armstrong, is about to come to an end.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....

Now's the time for Osborne to spend some of his hard-won credibility
Whether and when Greece leaves the euro, the UK economy is in a pickle, writes Roger Bootle.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20708258/mf.gif' border='0'/><br/><br/><a href="http:/.....

Greece will have to leave EMU whoever is elected
The exact circumstances and timing of Greece's ejection from monetary union no longer have any systemic importance for global finance. The damage has already been done.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....

Greece will have to leave EMU whoever is elected
The exact circumstances and timing of Greece's ejection from monetary union no longer have any systemic importance for global finance. The damage has already been done.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....

Sir Stuart Rose returns to high street as Blue Inc chairman
Former Marks & Spencer boss Sir Stuart Rose is returning to the high street by becoming chairman of fast-growing fashion retailer Blue Inc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20702661/mf.gif' bord.....

French president Francois Hollande 'urges EU to agree on 120bn plan to boost growth'
France has sent European leaders a proposal for a 120n "growth pact" including a financial transaction tax that it wants Europe to introduce "by the end of the year", it was reported today.<img width='1' height='1' src='http://telegraph.feedsporta.....

Thinktank: Firms need doers, not just shouters
If actions speak louder than words, there are a lot of quiet people in business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/206ac4d4/mf.gif' border='0'/><br/><br/><a href="http://da.feedspor.....

Exclusive: Secret EU summit document shows first step to banking union
Exclusive: A classified draft of next week's EU summit conclusions is the first step on an emerging "roadmap" to a banking union, pooling debt via eurobonds and political union.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....

Exclusive: Secret EU summit document shows 'roadmap' to banking union
Exclusive: The Daily Telegraph has a classified draft of next week's EU summit conclusions, setting out a "roadmap" to a banking union, pooling debt via some kind of eurobonds and political union.<img width='1' height='1' src='http://telegraph.fee.....

Developing nations should prepare for 'Lehmans moment', says World Bank chief Robert Zoellick
Developing nations must be ready for a severe global financial crisis should the eurozone fail to cope with its current problems and suffer a "Lehmans moment", outgoing World Bank chief Robert Zoellick has said.<img width='1' height='1' src='http:.....

Greece votes to decide whether to stay in the eurozone
Greeks went to the polls on Sunday in an election that could decide whether their heavily indebted country remains in the eurozone or heads for the exit, potentially unleashing shocks that could break up the single currency.<img width='1' height='.....

Voters divided in Greece ahead of parliamentary elections
The Telegraph speaks to local residents in Athens who are divided over who will win Sunday's parliamentary elections.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/206e0b15/mf.gif' border='0'/><br/><.....

What would happen to Greece if it left the euro
Greece's future in the eurozone will be determined in this Sunday's crucial election.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/206db369/mf.gif' border='0'/><br/><br/><a href="http://da.fee.....

How Greece has got itself in this mess
This weekend's Greek election is being viewed as a make or break moment for the eurozone. The success of an anti-austerity party like Syriza could ultimately lead to Greece leaving the euro. Here we look at how Greece found itself in this position, w.....

The Greek parties who will decide country's future
Greece's future in the eurozone will be determined in this Sunday's crucial election. Here, we look at the political parties who are vying for control of the country and will decide its fate.<img width='1' height='1' src='http://telegraph.feedspor.....

Greece votes to decided whether to stay in the eurozone
Greeks went to the polls on Sunday in an election that could decide whether their heavily indebted country remains in the eurozone or heads for the exit, potentially unleashing shocks that could break up the single currency.<img width='1' height='.....

Homer Simpson, and other gurus
As Homer Simpson's one-liners appear in a new collection of business quotations, David Thomas suggests other profound cartoon wisecracks, sitcom one-liners and throwaway pop lyrics to live by<img width='1' height='1' src='http://telegraph.feedspor.....