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
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
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
This One image Explains Why Markets Are Loving What Happened In Europe
Here’s a screenshot from German magazine Der Spiegel… Der Spiegel It basically tells you everything you need to know. There’s the “Spain and Italy getting their way” angle which implies that Germany didn’t get its way. The fact that this is
This One image Explains Why Markets Are Loving What Happened In Europe
Here’s a screenshot from German magazine Der Spiegel… Der Spiegel It basically tells you everything you need to know. There’s the “Spain and Italy getting their way” angle which implies that Germany didn’t get its way. The fact that this is
Leaders Ease Debt-Crisis Rules On Spain
Euro-area leaders agreed to relax conditions on emergency loans for Spanish banks and possible help for Italy as an outflanked German Chancellor Angela Merkel gave in on expanded steps to stem the debt crisis. After 13 1/2 hours of talks ending at
Leaders Ease Debt-Crisis Rules On Spain
Euro-area leaders agreed to relax conditions on emergency loans for Spanish banks and possible help for Italy as an outflanked German Chancellor Angela Merkel gave in on expanded steps to stem the debt crisis. After 13 1/2 hours of talks ending at
5 Holes In The EU Summit Agreement
This late night European Union Summit had some achievements. France, Italy and Spain insisted on focusing on measures for the current crisis, and not only long terms visions. The leaders agreed on allowing the bailout mechanism to directly recapitalize banks
5 Holes In The EU Summit Agreement
This late night European Union Summit had some achievements. France, Italy and Spain insisted on focusing on measures for the current crisis, and not only long terms visions. The leaders agreed on allowing the bailout mechanism to directly recapitalize banks
A different perspective 