Olli Rehn

• 

  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.

• 

  European Economy to Contract, Not Expand: EC

  By Marlene Y. Satter, AdvisorOne  |  February 23, 2012

  Altering its forecast on the state of the European economy in 2012, the European Commission said that the euro area would shrink instead of expanding, largely because of Spain and Italy. The two countries are expected to be in for some difficult times as they cope with various economic woes.

• 

  Spain in EU Crosshairs Over Austerity Delay

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

  Even as it has lost patience with Greece over what it sees as inadequate and halfhearted attempts to implement austerity, the EC has a bone to pick with the new Spanish government, which it will likely sanction over a number of issues.

• 

  Deadline for Greek Bailout Agreement Set for Monday

  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.

• 

  Eurozone Ministers May Seek IMF Help

  By Marlene Y. Satter, AdvisorOne  |  November 30, 2011

  Although eurozone ministers agreed Tuesday to boost the value of the rescue fund, they acknowledged that they might call on the International Monetary Fund for help to do so after Italy's borrowing costs soared nearly to 8%, a euro lifetime high.

• 

  EU to Greece: Put It In Writing

  By Marlene Y. Satter, AdvisorOne  |  November 21, 2011

  The European Commission ordered Monday that Greece’s new leaders must put in writing their pledge to honor new austerity measures before Athens is given its sixth installment of aid.

• 

  EU Calls Emergency Meeting Over Italy Debt

  By Marlene Y. Satter, AdvisorOne  |  July 11, 2011

  Concerns mount over third largest economy in euro zone's sovereign debt while Greece still totters.

• 

  EU May Lower Bailout Rates

  By Marlene Y. Satter, AdvisorOne  |  May 9, 2011

  The European Union is considering lowering the interest rates on bailout loans for both Greece and Ireland, and is also putting together a second rescue package for Greece in an effort to stave off debt restructuring.

• New Irish Government Seeks Bailout Changes; EU Considers Lower Rates

  By Marlene Y. Satter, AdvisorOne  |  February 28, 2011

  The two parties that emerged victorious in Ireland’s election were to launch talks on Monday to work on renegotiation of terms for the country's EU-IMF bailout package.

• 

  Euro Zone Chairman Pushes Debt Buy-Back

  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.