-
By Marlene Y. Satter, AdvisorOne |
August 31, 2012
Jens Weidmann, president of Germany’s Bundesbank, reportedly threatened to resign over the issue of bond purchases by the ECB, according to a German tabloid.
-
By Marlene Y. Satter, AdvisorOne |
August 27, 2012
Chancellor Merkel of Germany took to the airwaves over the weekend to try to quell ever-louder exitmongering talks among her political colleagues at home as they declared that Greece should depart the eurozone.
-
By Marlene Y. Satter, AdvisorOne |
September 14, 2011
Moody's Investors Service cut the ratings of two French banks on Wednesday, citing their holdings of Greek sovereign debt as the reason. Crédit Agricole and Société Générale were both downgraded a single notch.