Posts Tagged: banks

Greek program needs redesigning, says PIMCO CEO

      By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says

Greek program needs redesigning, says PIMCO CEO

      By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says

ECB representative tells Athens to focus on reforms

Greece would benefit more from speeding up structural reforms than spending time right now on renegotiating its bailout deal with its lenders, European Central Bank executive board member Joerg Asmussen told The Economist Conference in Athens on Monday. “The first

ECB representative tells Athens to focus on reforms

Greece would benefit more from speeding up structural reforms than spending time right now on renegotiating its bailout deal with its lenders, European Central Bank executive board member Joerg Asmussen told The Economist Conference in Athens on Monday. “The first

Myths can’t save Greece now

The way in which certain myths took hold regarding Greece’s recourse to international assistance — essentially poisoning Greek public opinion before being debunked — is nothing short of impressive. Many believed, for instance, that Greece turning for help to Europe

Myths can’t save Greece now

The way in which certain myths took hold regarding Greece’s recourse to international assistance — essentially poisoning Greek public opinion before being debunked — is nothing short of impressive. Many believed, for instance, that Greece turning for help to Europe

/ News

Euro-Zone Shark Still Has Its Appetite

“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the

/ News

Euro-Zone Shark Still Has Its Appetite

“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the

Was Merkel’s Surprising “Defeat” Merely A Gambit For A German Referendum?

As details from Thursday’s European Memorandum of Understanding, which has all the binding power of a ‘highly confident letter’ issued by a third tier investment bank, continue to be non-existent, the questions, and conditions, are accumulating fast. While the ESM

Was Merkel’s Surprising “Defeat” Merely A Gambit For A German Referendum?

As details from Thursday’s European Memorandum of Understanding, which has all the binding power of a ‘highly confident letter’ issued by a third tier investment bank, continue to be non-existent, the questions, and conditions, are accumulating fast. While the ESM

Angela Merkel Is Playing You For Fools – a different perspective

Oh come on, leave the girl alone already. First off, all those people talking about a solution for the eurozone need to finally understand there ain’t no such thing. And whatever slim chance of a solution the most optimistic –

Angela Merkel Is Playing You For Fools – a different perspective

Oh come on, leave the girl alone already. First off, all those people talking about a solution for the eurozone need to finally understand there ain’t no such thing. And whatever slim chance of a solution the most optimistic –

EU Banking Debate Shifts To Euro Area After Accord On Spain

The European Union’s push to unify bank oversight moved to the euro area after two days of talks in Brussels, putting the European Central Bankat the center of Spain’s efforts to extract its government from its banking- industry rescue. Enlarge image

EU Banking Debate Shifts To Euro Area After Accord On Spain

The European Union’s push to unify bank oversight moved to the euro area after two days of talks in Brussels, putting the European Central Bankat the center of Spain’s efforts to extract its government from its banking- industry rescue. Enlarge image