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Showing 541 - 550 of 657 results for "ECB"

Some hope

BENJAMIN ONG  |  FRIDAY, 30 SEP 2011
... ball - following the German parliament's nod. Now the spotlight is back on Greece where auditors from the IMF, the EU and the ECB have started auditing to check how much money Mr. Papandreou's government has saved over the past few months - given that ...

All eyes on Germany

BENJAMIN ONG  |  THURSDAY, 29 SEP 2011
... ask the UK Telegraph. It quoted German finance minister Schaeuble's criticism of the US advice to leverage the EFSF via the ECB. Advice? You don't advise the proud Germans, especially not when its credit rating has one 'A' more than you. And it doesn't ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 SEP 2011
... sharply after a report that industrial giant Siemens had pulled out cash from a French bank to deposit it more safely at the ECB. Milan rose by 1.91 per cent, Madrid by 1.45 per cent, Lisbon by 1.02 per cent, Amsterdam by 1.79 per cent and Brussels by ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 SEP 2011
... "productive and substantive" talks with its lenders, the EU, International Monetary Fund (IMF) and European Central Bank (ECB), to hammer out a response to serious slippage from agreed budget targets. Markets were increasingly expecting Greece to default ...

Market Wrap - Morning

AAP  |  MONDAY, 19 SEP 2011
... Financial Stability Facility for troubled member states and take more action to shore up the financial and banking sector. The ECB has also called on eurozone states to use a beefed-up EFSF to relieve it of its reluctant interventions in secondary bond ...

Damned to default

BENJAMIN ONG  |  TUESDAY, 13 SEP 2011
... exposure to Greek sovereign debt in its sights. There's no question in my mind that Greece will default unless of course, the ECB, EU and the IMF showers it with more money and/or holders of Greek bonds forgive its debts. The thing is if additional money ...

Not looking good

BENJAMIN ONG  |  MONDAY, 12 SEP 2011
... contingency plans to recapitalise its banks and insurance companies assuming a 50% loss on their Greek bond holdings. So too is ECB economist Jurgen Stark's resignation over differences about the Bank's bond purchase plans. Bundesbank President Axel ...

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
... resigning "for personal reasons". Hours after his resignation was announced, Stark called for drastic reforms to the eurozone, as ECB watchers suggested that the bank was deeply split over its handling of Europe's sovereign debt crisis. Stark, a German ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 SEP 2011
... Swiss stocks rose 0.50 per cent, Milan 0.69 per cent, Brussels 0.92 per cent, Lisbon 1.10 per cent and Madrid 1.49 per cent. ECB President Jean-Claude Trichet said the bank now expects the eurozone 1.6 per cent growth in 2011 and to 1.3 per cent in 2012 ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 SEP 2011
... Lagarde, repeated her warning that banks in Europe need extra capital to withstand any contagion from the eurozone debt crisis. ECB data showed that eurozone banks have deposited record amounts of overnight funds with it, a signal of reluctance by banks ...