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By Marlene Y. Satter, AdvisorOne |
July 31, 2012
Unemployment throughout the eurozone hit a record, statistics revealed, with the numbers for many individual nations following suit.
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By Marlene Y. Satter, AdvisorOne |
July 30, 2012
ECB President Mario Draghi is upping the ante after saying last week he would do "whatever it takes" to preserve the euro.
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By Marlene Y. Satter, AdvisorOne |
July 27, 2012
Mario Draghi, president of the ECB, may have painted himself into a corner with his London speech on Thursday promising to do “whatever it takes” to rescue the euro.
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By Marlene Y. Satter, AdvisorOne |
June 20, 2012
On Wednesday Greece managed to agree in principle to form a conservative coalition government, with three pro-bailout parties agreeing to cooperate and giving the coalition a majority of 179 seats.
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By Ben Warwick, Quantitative Equity Strategies |
June 18, 2012
With a recent speech delivered in Italy earlier this month, investment mogul George Soros believes that the euro may still continue to survive.
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By Marlene Y. Satter, AdvisorOne |
June 5, 2012
G7 leaders planned a conference call Tuesday ahead of a scheduled mid-June summit meeting, after a weekend warning by the billionaire George Soros that Europe had just three months to salvage the euro.
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By Marlene Y. Satter, AdvisorOne |
May 23, 2012
Germany’s Bundesbank warned Greece on Wednesday that if it failed to carry through with reforms it had previously agreed to, it would jeopardize any further aid funds.
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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 18, 2012
Jens Weidmann, a policymaker at the European Central Bank and head of Germany's Bundesbank, said Spain should look upon its rising bond yields as a signal that it needs to fix its own problems and not look to the ECB for help via bond purchases.
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By Marlene Y. Satter, AdvisorOne |
March 13, 2012
Germany is getting worried–more worried than usual–about the level of debt in the eurozone. The European Central Bank’s Target2 system indicates that money owed to the Bundesbank now totals 489 billion euros ($656 billion