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| | | ... ever heard of the phrase, "don't lend credence to a rumour until it is officially denied"? The fresh prince of the ECB, Mario Draghi, just did that - officially denied weeks of gossip that it's gonna mint fresh euros. Sovereigns need not apply. Following ... |
| | | | ... jumped 2.91 per cent as investors hailed the approval of an austerity budget by the government of new Italian Prime Minister Mario Monti. Monti's cabinet gave its go-ahead to the crisis-busting plan on Sunday, estimating that it would save 20 billion ... |
| | | | ... adopted a package of tax hikes, budget cuts and pension reforms worth 20 billion euros ($A26.44 billion). Prime Minister Mario Monti warned Italians they had to make sacrifices and said he was renouncing his own salary as prime minister in a gesture ... |
| | | | ... governments. The European Central Bank will not act as lender of last resort for struggling eurozone countries, its chief Mario Draghi insisted on Thursday, but left the door open to other measures if governments agree on budgetary consolidation. HONG ... |
| | | | ... the eurozone debt crisis as Italian, Spanish and French borrowing costs spiked worryingly higher. As Italy's new leader, Mario Monti, launched a final round of talks to form a government, the country's 10-year cost of borrowing jumped back above the ... |
| | | | ... losses on other markets while the euro slumped under $US1.36 on worries of further debt contagion. As Italy's new leader Mario Monti launched a final round of talks to form a government, the country's 10-year cost of borrowing jumped back above the danger ... |
| | | | It was straight down to business for Italy's new leader Mario Monti yesterday, as the country held its first bond auction since yields pushed past 7% last week, preceeding controversial Prime Minister Silvio Berlusconi's resignation. Yields at the 3 ... |
| | | | ... (0.81 per cent) to 2,657.16. Investors digested news that Italy continued to pay high rates to borrow a day after economist Mario Monti was name to succeed Silvio Berlusconi as Italy's prime minister. Greece's new prime minister, Lucas Papademos, faced ... |
| | | | Europe has heaved a collective sigh of relief with the news former EU commissioner Mario Monti will take over the reins as Italy's new designate leader, following the resignation of disgraced Prime Minister Silvio Berlusconi last week. Monti, a respected ... |
| | | | ... Europe. Former ECB VP Lucas Papademos has replaced resigned Greek PM George Papandreou and former EU competition commissioner Mario Monti chosen to sit where Silvio's bum formerly was. And get this, even PIMCO's CEO, the bear-friendly Mohamed El Arian ... |
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