Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

Sunday, March 4, 2012

Nokia Lumia 900 to be released in Europe on April 9th. Lumia 610 on June 11th.

Nokia Lumia 900 to be released in Europe on April 9th. Lumia 610 on June 11th.

Nokia has presented at the MWC 2012 the Nokia Lumia 900 version for Europe as well the newest and most affordable member of their Windows Phone 7 phone family, the Lumia 610. The biggest question left open was the release date of these phones. Today, Mobilefun site had advanced with these dates.

Nokia Lumia 900 to be released in Europe on April 9th. Lumia 610 on June 11th.

The Lumia 900 is, according with this site, to be released on the April 9th. The top-end WP7 by Nokia, featuring a 1.4 Ghz processor, stands out from the other models essentially by his a 4.3? display and front-face camera. One curious detail is also, according with the same source, that this phone will arrive with WP7 Tango OS version.

Nokia Lumia 900 to be released in Europe on April 9th. Lumia 610 on June 11th.

The Nokia Lumia 610, the first 256 Mb RAM phone operating with a WP7 OS, should arrive only on June 11th and it will be destined mainly to youngsters due to his lower price tag that is expected to be 189 Euros before taxes.

[Via]





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Sunday, February 26, 2012

Geithner: Europe Has Lowered Risks of Catastrophe

M. Lorden | Taxi | Getty Images

U.S. Treasury Secretary Timothy Geithner said on Sunday that Europe's actions so far to deal with its debt crisis have averted potential financial catastrophe but said it still must put up a sturdier firewall against contagion.

"A durable solution requires both a sustained period of economic reform and a substantial financial firewall to support those reforms," he told a press conference at the conclusion of a Group of 20 finance ministers' and central bankers' meeting.

The weekend meeting focused on Europe and many G20  participants made clear they want to see Europe put up more money for its own defense against a worse crisis before they chip in with more help through institutions like the International Monetary Fund [cnbc explains] .

"There is broad agreement that the IMF cannot substitute for the absence of a stronger European firewall and the IMF cannot move forward without more clarity on Europe's own plans," Geithner said.

The U.S. Treasury chief repeated that he was not prepared to go to Congress now to seek more resources for the IMF because he didn't feel they were needed at this time.

He declined to say how big a financial firewall he felt Europe needed to put up now but noted that, in order to be credible in markets, it had to be bigger relative to possible claims that might be made on it.

The euro zone countries pledged on the weekend that they would reassess the strength of the bailout fund they now have during March. That could clear the way for other G20 countries to contribute more funds to the IMF.

Geithner sounded an optimistic note that some of the European countries seen as most at risk from a potential debt crisis spreading seemed to be getting onto sounder footing.

"I'm very encouraged by the impact so far of the combined actions of new governments in Italy and Spain doing a very good job of laying out reforms to meet their very formidable economic challenges," Geithner said.

He also praised "a very creative and effective" European Central Bank [cnbc explains] , which has acted to ensure ample liquidity in Europe. But he conceded in response to questions that progress can take away some urgency from needed reforms.

"You always have to be worried about that but I think Europeans recognize that part of the progress that we've seen — new confidence in markets — is based on the expectation that Europeans have created themselves, that they have more to come."

Copyright 2012 Thomson Reuters. Click for restrictions.

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