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By Marlene Y. Satter, AdvisorOne |
October 16, 2012
German Finance Minister Wolfgang Schaeuble is advocating changes that will allow the EU’s monetary affairs commissioner to reject national budgets and prevent non-eurozone countries, like Britain, from nixing eurozone-only measures.
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By Marlene Y. Satter, AdvisorOne |
October 11, 2012
Christine Lagarde and Wolfgang Schaeuble are locking horns over Greece.
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By Marlene Y. Satter, AdvisorOne |
September 27, 2012
As tensions in Greece over additional troika-decreed austerity measures mount, spurring demonstrations and protests, tensions are mounting within the troika itself.
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By Marlene Y. Satter, AdvisorOne |
September 21, 2012
The head of the EC's financial services arm said that the EC was confident it could win Germany over on the matter of the ECB overseeing all eurozone banks.
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By Marlene Y. Satter, AdvisorOne |
September 17, 2012
Chancellor Angela Merkel of Germany defended both sides of the bond-buying issue, saying that politicians should stay out of ECB limits in bond purchases but championing the right of the Bundesbank head to challenge them.
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By Marlene Y. Satter, AdvisorOne |
September 12, 2012
The plan laid out by President Jose Manuel Barroso would not only allow the ECB to supervise all eurozone banks, but would also give it jurisdiction over a broader, and at first voluntary, EU banking base.
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By Marlene Y. Satter, AdvisorOne |
September 4, 2012
The EC has plans to give the ECB authority to supervise all eurozone banks, but the German government says that only the largest banks should be subject to ECB oversight.
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By Marlene Y. Satter, AdvisorOne |
September 4, 2012
ECB President Mario Draghi is set to unveil his bond purchase plan on Thursday.
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By Marlene Y. Satter, AdvisorOne |
August 27, 2012
After meeting with Prime Minister Samaras of Greece on Saturday, President Hollande of France reiterated that Greece must remain in the eurozone—echoing the words of the German chancellor, Angela Merkel, the day before.
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By Marlene Y. Satter, AdvisorOne |
August 24, 2012
German officials seem to be backing away from earlier hints that leniency would be possible toward Greece on complying with the budget constraints of its bailout package.