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Showing 551 - 560 of 655 results for "ECB"

Goodnight Europe

BENJAMIN ONG  |  WEDNESDAY, 13 JUL 2011
... offering an additional 1,046 basis points for its bonds. And this was all after Greek's pact with the devil - I mean, the EU/ECB/IMF troika - last month. The bond market knew -- and knows! Equity markets are on a tailspin as Eurozone debt matters bobbed ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 JUL 2011
... England's decision to sit tight at 0.50 per cent, with both moves as expected. The euro was slightly firmer, supported by the ECB rate rise after sharp falls following a drastic Moody's ratings downgrade to junk status for Portugal on Tuesday, which ...

Market Wrap - Morning

AAP  |  TUESDAY, 5 JUL 2011
... early trade as fears over a possible default by Athens made way for expectations of a rate rise by the European Central Bank (ECB) this week. Traders were spooked in the afternoon when ratings agency Standard & Poor's warned that plans to roll over Greece's ...

Sunny side up

BENJAMIN ONG  |  MONDAY, 4 JUL 2011
... Greece's immediate future, financial markets are back walking on the sunny side of the street. It's as if the whole Greek - EU/ECB/IMF troika "pretend and extend" theatrics didn't happen. The only thing is that it did and now we're hearing the familiar ...

Pigs may fly but they won't default

BENJAMIN ONG  |  THURSDAY, 30 JUN 2011
... by 2.8 per cent. But wait, isn't this all about Greece? Now it's virtually assured of another 12 billion euros from the EU/ECB/IMF troika to tide it over until the next time it has to rollover its debt. It's saved! Hooray! Well yes it is and it isn't. ...

Just do it

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2011
... Never mind the angry mob rioting on the streets of Athens, for without the 12 billion euro lifeline from the 'troika' - EU/ECB/IMF - even the Greek Parliamentarians won't get paid. So, just do it! But in the event that the austerity measures don't pass ...

Better second half

BENJAMIN ONG  |  TUESDAY, 28 JUN 2011
... default of Greece." You got that? No D-E-F-A-U-L-T whatever Greece does - for now at least. So I really don't know why the EU/ECB/IMF troika and Greece still insist on continuing with this charade. Ok, ok. There was some real good news. French banks ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
... hip. If he does, he could then push through his austerity package and start holding a garage sale of Greek assets. The EU/ECB/IMF would see this as good and Greece will be rewarded with a handshake and a suitcase containing a,-12 billion. News flash ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
... that faced by several other euro area member states... The eligibility of Greek government bonds for use as collateral in ECB operations means that there is an extremely low probability that the government's liquidity will pressured." 22 December ...

The seventh day

BENJAMIN ONG  |  FRIDAY, 10 JUN 2011
... and decided to keep interest rates at 1.25 per cent. That's good. But not so fast ol' boy, in his post-meeting statement, ECB President Trichet was talking about "strong vigilance" one more time. Those in the know, knows that this is the code word for ...