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By Marlene Y. Satter, AdvisorOne |
February 4, 2013
Optimism may be surfacing in the Eurozone, and many officials may have backed off their original tough stance on austerity, but Greece is still battling its debt demons.
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By Alexei Bayer |
December 20, 2012
Since the recovery from the worldwide financial meltdown commenced in 2009, global stock markets have closely mirrored international economic fundamentals.
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By Marlene Y. Satter, AdvisorOne |
October 19, 2012
A meeting of EU leaders resulted in agreement that the ECB will be at the head of a framework of eurozone bank supervision, and that the structure will be in place by the beginning of 2013.
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By Marlene Y. Satter, AdvisorOne |
October 18, 2012
Chancellor Angela Merkel of Germany raised the prospect of a new European aid fund that would be used to help struggling eurozone countries finance projects to improve their fiscal well-being and make them more competitive.
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By Marlene Y. Satter, AdvisorOne |
October 16, 2012
German Finance Minister Wolfgang Schaeuble is advocating changes that will allow the EU’s monetary affairs commissioner to reject national budgets and prevent non-eurozone countries, like Britain, from nixing eurozone-only measures.
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By Marlene Y. Satter, AdvisorOne |
October 11, 2012
Christine Lagarde and Wolfgang Schaeuble are locking horns over Greece.
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By Marlene Y. Satter, AdvisorOne |
October 8, 2012
The European Stability Mechanism, the permanent rescue fund of the eurozone, goes into operation on Monday in anticipation of Spain’s potential need for a bailout.
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By Marlene Y. Satter, AdvisorOne |
October 2, 2012
Just when it seems that Spain has made up its mind at last to ask for a bailout for its banks, Germany is said to be pushing Madrid to wait.
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By Marlene Y. Satter, AdvisorOne |
September 27, 2012
Still, unemployment was near its lowest level since reunification, and the overall rate held steady at 6.8%.
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By Marlene Y. Satter, AdvisorOne |
September 17, 2012
Chancellor Angela Merkel of Germany defended both sides of the bond-buying issue, saying that politicians should stay out of ECB limits in bond purchases but championing the right of the Bundesbank head to challenge them.