Search Results for “ECB” – Page 6

The new monetary disorder

Currency chaos is back, highlighting demands for a revised international monetary order, writes Harold James

German halt casts shadow over European GDP recovery

Europe’s post-recession recovery has hit a roadblock as German economic growth unexpectedly ground to a halt in the final quarter of 2009, though France made up for some of the damage. The news comes at a hard time for Europe’s single currency bloc as governments struggle to sort out Greece’s debt difficulties and contain financial […]

Euro in most difficult phase since launch

Europe’s single currency project is facing its toughest period since its launch over a decade ago and it is essential that Greece tackle the roots of its troubles to restore confidence, German Chancellor Angela Merkel said. In an interview with public television station ARD on Sunday, Merkel also stressed that no decisions had been taken […]

Silvio Berlusconi: Wrong man for every job

No-one, however, has pushed the boundaries of selective employment more than Italy’s former Prime Minister Silvio Berlusconi, who has spent the last 20 years filling Italy’s cabinet with people who do not seem qualified for their jobs

Zoellick’s view on the eurozone crisis

As one of the oldest continents falls into depression, you might think the World Bank would be banging on its door to offer some support. Despite much finger-wagging and fatherly advice, Robert Zoellick and his men are nowhere to be seen

Gold sales would not solve Europe’s debt troubles

Europe’s indebted nations are unlikely to mimic impoverished gentlefolk of old by selling the family silver, or gold, to do so

To repay or not to repay debts?

Despite a commitment to increase austerity measures, the likelihood of a Greek default is very real. Jean Pisani-Ferry investigates the options available to a country doomed to fail

Europe’s naked post

In an era that is not clearly defined by rules or patterns of history; we are very much writing the rulebook as we see fit. Greece for example seems to be the guinea pig for what happens when a eurozone member goes bust, Simon Johnson explores

Apostolos Tamvakakis

At a time when Greece is facing ambiguity over its debt measures, one thing is certain: Apostolos Tamvakakis, CEO of the National Bank of Greece possesses the flair and dexterity to emerge from the rubble

Gloom starts to lift in eurozone crisis

Gloom over the future of the eurozone is starting to lift after months of crisis, with policy makers sounding increasingly confident that the worst is over

Stocks fall as bank funding worries intensify

World stocks hit a 2-1/2 week low on Tuesday while oil and the euro also slipped as investors grew nervous over the funding situation of banks about to repay 442 billion euros ($545.5 billion) to the European Central Bank. Banks must repay the money borrowed a year ago at rock bottom rates on Thursday, leaving […]

Estonia gets green light to join eurozone in 2011

Estonia has won the green light to join the eurozone in 2011 and become its 17th member in what is likely to be the crisis-hit currency area’s last enlargement for at least four years. Despite ECB doubts about how long Estonia can hold down inflation, the EU’s executive arm said the former Soviet republic of […]

Econ min: Spain will not have to ask for help

Spain’s debt is under control and it will not have to ask for help like fellow eurozone member Greece, Economy Minister Elena Salgado said in an interview with newspaper Cinco Dias. “Our debt is clean, we will not have to ask for help,” she said. The country is sticking to its targets to reduce the […]

Barroso: Portugal able to face serious situation

Greece yielded to market pressure and appealed for emergency loans. Portuguese debt has also been hammered on concerns over its creditworthiness and investors see it as the next weak link

Schaeuble calls for closer Eurozone integration

German Finance Minister Wolfgang Schaeuble called for greater integration between euro zone members and stronger surveillance of member countries’ finances to protect the monetary union from further crisis. In a column published in the Financial Times’ Schaeuble said Europe’s monetary union was facing a critical moment and must take steps to protect itself from a […]

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