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By Marlene Y. Satter, AdvisorOne |
September 7, 2012
ECB President Mario Draghi’s plan to buy bonds and drive down the interest rates for eurozone countries in trouble has lessened the stigma of asking for help, according to Prime Minister Mario Monti of Italy.
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By Marlene Y. Satter, AdvisorOne |
September 6, 2012
The ECB held interest rates where they were as its president, Mario Draghi, presented his bond-buying plan designed to save the euro.
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By Marlene Y. Satter, AdvisorOne |
August 3, 2012
ECB President Mario Draghi is challenging Bundesbank President Jens Weidmann’s opposition to a plan for the ECB to reenter the bond markets.
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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 |
October 11, 2011
A debt crisis summit meeting of European leaders scheduled for October 18 was pushed back to October 23 amid a disagreement about the amount of Greek debt to be written down.
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By Marlene Y. Satter, AdvisorOne |
September 2, 2011
CEO of PIMCO sets odds of eurozone recession at 50%, U.S. between 33%–50% as ECB ponders interest rate cut to forestall double-dip.