Search Results for: euro
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
Greece and eurozone fail to agree on way forward, will meet again on Monday
February 12th, 2015
Wednesday’s Eurogroup ended without agreement between Greece and its eurozone partners but also without a joint statement on how to move forward. “We explored a number of issues, one of which was the current program,” Eurogroup president Jeroen Dijsselbloem ...
Eurogroup: Points of agreement and discord
February 11th, 2015
All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall The Eurogroup meeting in Brussels on Wednesday has been dubbed ...
Athens prepares a compromise before Eurogroup
February 10th, 2015
Plan entails ‘bridge program’ to September, possible use of loan tranche Government sources Monday gave a preview of the proposal planned for Wednesday’s crucial Eurogroup summit, foreseeing a bridge program linking to a “new deal” with creditors that would ...
Euronext announces monthly trading volumes for January 2015
February 5th, 2015
Amsterdam, Brussels, Lisbon, London and Paris – 4 February 2015 Euronext, the leading exchange in the Eurozone, today announced trading volumes for January 2015. The January 2015 average daily transaction value on the Euronext cash order book stood at ...
Asia stocks, euro hit as ECB takes hard line on Greek debt
February 5th, 2015
Asian stocks were mostly lower and the euro slipped on Thursday after the European Central Bank said it would not accept Greek bonds as collateral – a robust early response to Athens’s efforts to renegotiate bailout terms with creditors. ...
Greek Finance Ministry says ECB decision aimed at Eurogroup
February 5th, 2015
The Greek Finance Ministry interpreted a European Central Bank decision to stop accepting Greek government bonds as collateral from local lenders as a moved aimed at pushing Athens and its eurozone partners towards a new debt deal. “By taking ...
Eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations
February 5th, 2015
European Central Bank: 4 February 2015 ECB’s Governing Council lifts current waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic Suspension is in line with existing Eurosystem rules, since it is currently ...
ICAP plc response to European Commission decision
February 4th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, notes today’s decision of the European Commission (EC) to issue a fine of £11.3 million. This allegation relates to Yen Libor and ...
How Greece could accidentally stumble out of the euro
February 4th, 2015
In less than four weeks the international lifeline that has kept Greece afloat for five years is due to expire. Debt repayments are looming and the country is running out of funds. Lenders won’t forgive Greece’s huge debts so ...
