Ken Wattret

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  Spain Risks ECB Wrath With Unemployment Extension

  By Marlene Y. Satter, AdvisorOne  |  August 15, 2012

  Calling the move “just” in a country with unemployment near 25%, Prime Minister Mariano Rajoy also said that he was still considering asking for help from Europe to combat cripplingly high bond yields.

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  Draghi Says ECB Will Do ‘Whatever It Takes’

  By Marlene Y. Satter, AdvisorOne  |  July 26, 2012

  ECB President Mario Draghi declared that the central bank will do “whatever it takes” to keep the euro intact, as eurozone central banks looked for new ways to spur bank lending and undo the bloc’s financial logjam.

• ECB Will Buy Bonds, Not Make Loans: Economists

  By Marlene Y. Satter, AdvisorOne  |  April 13, 2012

  The ECB is more likely to resume buying up sovereign bonds than it is to make any more cheap long-term loans, according to a poll of economists.

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  Euro Zone Deficit Down in 2010, but Portugal, Greece Up

  By Marlene Y. Satter, AdvisorOne  |  April 26, 2011

  As the euro zone works to regain investor confidence in its finances, 2010 figures released Tuesday revealed that while overall, the region's deficit had dropped, those of Portugal and Greece had not.