Top European Bank Officials Urge Greece to Persevere on Fiscal Overhauls
By GEOFFREY T. SMITH LONDON—Top European Central Bank officials damned the idea of cutting Greece any more slack on its debt repayments Wednesday, repeating that Athens has to persevere with its...
View ArticleEU to Make Final Decision Next Week on Greek Bailout
By FLEMMING HANSEN And WILLIAM BOSTON BRUSSELS—Euro-zone ministers will have a follow up discussion next week to make a final decision on the second Greek bailout package, Finland and Germany's...
View ArticleMerkel tries to calm storms over Greece, ECB policy
Angela Merkel has tried to calm a growing storm over euro zone crisis strategy after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a conservative ally of the German leader said...
View ArticleEurope Reaches a Greek Deal
By GEOFFREY T. SMITH, AINSLEY THOMSON and COSTAS PARIS BRUSSELS—Euro-zone finance ministers early Tuesday agreed to an ambitious €130 billion ($172.1 billion) rescue deal that will see Greece's...
View ArticleWRAPUP 1-Merkel tries to calm storms over Greece, ECB policy
* Merkel warns allies not to talk up Greek euro exit * German central bank concerned at ECB's changing role * Says bond plan looks like printing cash to fund governments * CSU politician sees Greece...
View ArticleAnalysis: Trichet loses face but leaves ECB a winner
FRANKFURT (Reuters) - On the face of it he buckled. Just two weeks after he insisted publicly "we say no to selective default," European Central Bank President Jean-Claude Trichet agreed to a deal...
View ArticleGreece Shows Challenge of Unifying Europe
European governments have left themselves with an enormous agenda for June to keep in check a gathering debt crisis that they have so far failed to quell. Having postponed big decisions at their March...
View ArticleECB to hold its fire as critics pipe up
The European Central Bank is expected to keep interest rates on hold later on Thursday and signal that it has played its part in fighting the euro zone crisis after unleashing a dramatic sweep of...
View ArticleEU options for averting Greek default narrow
ATHENS/PARIS: Europe's policy options to avert a Greek default are narrowing fast after the ECB and ratings agencies warned against even voluntary debt rescheduling and Athens highlighted its urgent...
View ArticleECB expected to hold rates as critics pipe up
FRANKFURT (Reuters) - The European Central Bank is expected to keep interest rates on hold later on Thursday and signal that it has played its part in fighting the euro zone crisis after unleashing a...
View ArticleTrichet Goes Ballistic: Walks Out Of Meeting Over The Term "Soft Profiling"...
Mike "Mish" Shedlock, Global Economic Trend Analysis | May 19, 2011, 5:37 AM | 0 | A A A x Email Article From To Email Sent! You have successfully emailed the post....
View ArticleDithering at the Top Turned EU Crisis to Global Threat
By CHARLES FORELLE and MARCUS WALKER At a closed-door meeting in Washington on April 14, Europe's effort to contain its debt crisis began to unravel. Inside the French ambassador's 19-bedroom mansion,...
View ArticleECB Stern With Greece
By GEOFFREY T. SMITH LONDON—Top European Central Bank officials damned the idea of cutting Greece any more slack on its debt repayments Wednesday, repeating that Athens has to persevere with its...
View Article'Reprofiling' Greece's debts may only serve to postpone day of reckoning
ARTHUR BEESLEY, European Correspondant in Brussels Despite growing fears, ministers hope a 'hard' default of Greek debt is not on the horizon EUROPEAN FINANCE ministers have opened the door to yet...
View ArticleECB rejects Greek debt revamp in policy clash
ATTICA | MILAN: European Central Bank officials ruled out a Greek debt restructuring, clashing with political leaders over a solution to the sovereign financial crisis. "A Greek debt restructuring is...
View ArticleEurope Ministers Wrestle Over Aid
By CHARLES FORELLE And COSTAS PARIS BRUSSELS—A top European official, enmeshed in a complex debate about how to throw another lifeline to deeply troubled Greece, said the country may have to ask its...
View ArticleEuro zone debtors under pressure over new risks
* Spanish, Greek, Italian bond yields spike on concerns * Italy hit by S&P outlook cut, to bring forward measures * Fitch signals it may downgrade Belgium over budget * Spain hit by govt poll...
View ArticleBundesbank chief warns of oil risk
The European Central Bank must guard against steep oil price gains filtering through to broader inflation, an ECB policymaker said today, adding that rising long-term inflation expectations must be...
View ArticleMoody's warns on default
Europe’s policy options to manage Greece’s debt crisis are narrowing fast with the European Central Bank (ECB) and credit ratings agencies warning against even a voluntary debt restructuring and...
View ArticleEurope Playing a Game of Brinkmanship: Investors Should Limit Exposure
“All political thinking for years past has been vitiated in the same way. People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored...
View Article
