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By Marlene Y. Satter, AdvisorOne |
August 28, 2012
Both individuals and businesses pulled deposits from Spanish banks in July, as the country’s GDP continued to fall in the second quarter under austerity measures.
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By Marlene Y. Satter, AdvisorOne |
August 3, 2012
ECB President Mario Draghi is challenging Bundesbank President Jens Weidmann’s opposition to a plan for the ECB to reenter the bond markets.
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By Marlene Y. Satter, AdvisorOne |
July 12, 2012
The eurozone is trying to combine rewards with punishments as it seeks to thwart a stubborn debt crisis that has embroiled the region for the past few years.
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By Marlene Y. Satter, AdvisorOne |
May 3, 2012
The ECB had no plans to announce at its Thursday meeting that it would launch any additional bond-buying measures or take any other action to combat the debt crisis in the euro zone, holding steady against calls for more action.
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By Marlene Y. Satter, AdvisorOne |
April 11, 2012
Many countries in the euro zone may have been dialing back on consumption or struggling to replace lost jobs, but not Germany.
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By Marlene Y. Satter, AdvisorOne |
April 4, 2012
European Central Bank President Mario Draghi is in the hot seat over his continuing uniform euro zone policy aimed at controlling inflation.
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By Marlene Y. Satter, AdvisorOne |
February 28, 2012
Christian Schulz, an economist at Berenberg Bank in London, was quoted saying, “After the downgrade it was clear this was going to happen. The ECB isn’t going to make an exception to its rule on not accepting defaulted collateral ...”
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By Marlene Y. Satter, AdvisorOne |
October 28, 2011
European Union insurers could be planning to shift losses they are being compelled to accept from euro zone sovereign debt to customers who hold policies.
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By Marlene Y. Satter, AdvisorOne |
October 17, 2011
European banks are pushing back against a plan for write-downs of Greek debt that would be great then than the 21% already agreed upon.