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By Marlene Y. Satter, AdvisorOne |
February 3, 2012
Eurozone finance ministers intend to polish up an agreement to grant Greece a second bailout package in the hope that it will forestall the debt crisis and reassure markets.
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By Marlene Y. Satter, AdvisorOne |
March 25, 2011
The same day that Portugal's prime minister resigned, Fitch on Thursday cut the nation’s credit rating by two notches, and S&P followed on Friday with a two-notch ratings cut.
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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.
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By Marlene Y. Satter, AdvisorOne |
December 7, 2010
After five hours of talks, euro zone ministers decided to take no new action regarding the debt crisis, despite indications to the contrary earlier Monday.