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By Marlene Y. Satter, AdvisorOne |
September 14, 2012
Prime Minister Mariano Rajoy of Spain continued to hold off in requesting a bailout for the country’s banks, citing lower interest rates in the wake of the ECB's decision to commit to unlimited bond purchases.
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By Marlene Y. Satter, AdvisorOne |
September 13, 2012
Dutch Prime Minister Mark Rutte’s Liberal Party emerged triumphant from the Netherlands’ election on Wednesday, defeating far-right euroskeptic voices, but he may need to form a coalition with the Labour Party, which finished only two seats behind his own.
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By Marlene Y. Satter, AdvisorOne |
August 23, 2012
Despite Greece's attempt to win additional time to comply with bailout conditions, Chancellor Merkel of Germany and President Hollande of France were discussing ways to send a firm message that Athens must adhere to its original conditions.
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By Marlene Y. Satter, AdvisorOne |
April 24, 2012
Battles over austerity measures that look tame in comparison to those endured by Greeks torpedoed the Dutch government on Monday. Not to be outdone, the Czech government came in for a crisis of its own.
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By Marlene Y. Satter, AdvisorOne |
February 24, 2012
Greece on Friday took the next step in a second bailout package after Parliament passed a law Thursday that requires all its bondholders to accept losses once a certain percentage of creditors have agreed.
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By Marlene Y. Satter, AdvisorOne |
February 21, 2012
After months of wrangling and several missed deadlines by Greece, euro zone finance ministers finally reached accord on a new bailout for Athens that included additional austerity measures and cuts for private bondholders.
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By Marlene Y. Satter, AdvisorOne |
February 16, 2012
Finance ministers doubt that Greece will keep its promises of austerity once elections are held, and are considering how to withhold funds without triggering a complete default.
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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.