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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 |
August 6, 2012
The ECB’s Governing Council has decided to raise the upper limit for the amount of Greek short-term loans the Bank of Greece can accept in exchange for emergency loans.
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By Marlene Y. Satter, AdvisorOne |
September 12, 2011
Juergen Stark's sudden departure from his post at the European Central Bank (ECB) over the issue of buying bonds from troubled euro zone countries has led to wider problems, both in the zone and at home in Germany.
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By Marlene Y. Satter, AdvisorOne |
April 14, 2011
The yield on Greek bonds, particularly for short-term paper, skyrocketed Thursday as worries over the possibility of haircuts drove investors’ fears. Portuguese, Italian, and Spanish bonds followed, since anything that would initiate a Greek restructuring would likely affect the other troubled nations as well.
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By Marlene Y. Satter, AdvisorOne |
January 24, 2011
Jean-Claude Junker, chairman of euro zone finance ministers, has said in an interview in German magazine Der Spiegel that European leaders should consider a proposal to buy back the bonds of debt-ridden euro zone countries.