Search Results for: European Central Bank (ECB)
Yanis Varoufakis expresses surprise at free market endorsement
February 5th, 2015
Here’s why Adam Smith Institute agrees with Syriza The world’s most interesting finance minister has expressed his surprise at being backed one of Britain’s leading free-market think-tanks. Yanis Varoufakis, the man appointed by Greece’s radical left wing party Syriza ...
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 ...
Greek markets cheer renewed optimism around debt deal
February 3rd, 2015
Greek markets rallied this morning, after an apparent easing of tensions over the country’s bailout programme thanks to a debt swap programme devised by new finance minister Yanis Varoufakis. The Athens Stock Exchange (ASE) jumped as much as 7.7 ...
Potential For Deflation Is Becoming A Big Threat For 2015
February 2nd, 2015
The fears after 2001 were that the Fed’s easy money policies to pull the economy out of the 2001 recession, followed by even more easing, including the near-zero Fed Funds rate instituted after the 2008 financial meltdown, would result ...
Greeks fly in for debt showdown
February 2nd, 2015
The anti-austerity Greek finance minister is to meet with chancellor George Osborne today as part of a Europe-wide charm offensive to win over creditors and fellow politicians. Investment bank Lazard has been hired by the Greek government to advise ...
Greece election: Anti-austerity Syriza leader Tsipras vows to end ‘pain’
January 26th, 2015
Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s “five years of humiliation and pain” after his general election win. Before cheering supporters, Mr Tsipras again pledged to renegotiate Greece’s massive international bailout. With nearly all of ...
Global Accountancy Body welcomes ECB’s Bond – Buying initiative
January 23rd, 2015
ACCA welcomes the launch by the European Central Bank (ECB)‘s of an expanded asset purchase programme, entailing the existing purchase programmes for asset-backed securities and covered bonds. As from March 2015, the Eurosystem will start to purchase euro-denominated investment-grade ...
Statement by IMF Managing Director Christine Lagarde on ECB Decisions
January 23rd, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement regarding today’s decisions of the European Central Bank (ECB): “We welcome the measures announced today that will strongly reinforce the ECB’s accommodative stance. The ...
Gold is the New Cash: Weak Currencies Cause Gold Prices to Soar
January 20th, 2015
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading ...
Cyprus: a Recovery in Progress
January 15th, 2015
Cyprus’s banks all passed the European Central Bank’s stress tests, a result that is indicative of the recovery that is under way in the country’s financial sector. However, for these institutions to return to full health they must tackle ...
