Showing posts with label European Stability Mechanism. Show all posts
Showing posts with label European Stability Mechanism. Show all posts

Thursday, June 27, 2013

Portugal Yields Need Draghi to Keep His OMT Promise

Portugal’s 10-year bond yield jumped more than a percentage point in the past month to levels that may test European Central Bank President Mario Draghi’s pledge to buy bonds of crisis-torn countries.

Friday, October 12, 2012

Spain downgraded by S&P

Standard & Poor's lowered its credit rating for Spain on Wednesday, in a move that could complicate Madrid's effort to avoid requesting a financial bailout.

Sunday, September 9, 2012

London investors to track another key week for eurozone

LONDON: Investors on the London stock market were set to pay close attention next week to the latest chapter in the eurozone crisis, while also tracking British company earnings and official economic data.

Friday, August 3, 2012

ECB's eurozone crisis remedy runs into German resistance

Mario Draghi outlined plans on Thursdayfor the European Central Bank and the eurozone's two bailout funds to go on a bond-buying spree to cut the rocketing costs of borrowing for Spain and Italy, but ran into stiff German resistance to his campaign "to do anything" to save the euro.

Wednesday, July 11, 2012

Saturday, June 30, 2012

Tuesday, February 28, 2012

German lawmakers approve new Greek bailout

The German parliament approved a second, 130 billion ($173 billion) loan package for Greece on Monday after Chancellor Angela Merkel warned lawmakers that it would be irresponsible to abandon the country to bankruptcy.