Ewald Nowotny

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  Spain Gets Extra Year to Cut Debt

  By Marlene Y. Satter, AdvisorOne  |  July 10, 2012

  Spain will be given an extra year to get its deficit reduction under control, but markets were not impressed with the action.

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  Talk of Greek Euro Exit Grows as Political Deadlock Continues

  By Marlene Y. Satter, AdvisorOne  |  May 14, 2012

  More than a week after elections brought anti-austerity parties to the fore, the task of brokering a compromise is in the hands of President Papoulias, who thus far has been as unsuccessful as the party leaders themselves.

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  S&P Warns Eurozone of Downgrades

  By Marlene Y. Satter, AdvisorOne  |  December 6, 2011

  Standard & Poor’s warned 15 eurozone nations, including several top-rated ones, that they might be subject to downgrades if a planned summit meeting of eurozone leaders fails to come up with a satisfactory course of action to resolve the bloc’s debt crisis.

• ECB’s Bond Purchases Steady Markets

  By Marlene Y. Satter, AdvisorOne  |  December 3, 2010

  The European Central Bank (ECB) continued its existing bond-buying strategy throughout the week, and on Friday, Ewald Nowotny, an ECB governing council member, said it had so far purchased 67 billion euros’ worth.