Search Results for: ECB
Eurogroup urges Athens to deliver reforms in a week – Remarks by J. Dijsselbloem
November 10th, 2015
Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward with outstanding reforms and reach a compromise on thorny issues ...
EXNESS Group announces trading volume for Q3 2015
November 9th, 2015
EXNESS Group announced a trading volume of US$599.3 billion for Q3 2015. Despite a year-on-year growth compared to the same period last year, the performance of Q3 still shows a 9% decline compared to Q2’s trading volume of US$660.5 billion. ...
EU Commission: Autumn 2015 Economic Forecast
November 5th, 2015
Autumn 2015 Economic Forecast: Moderate recovery despite challenges The economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more ...
US Presses Europe to Take Steps to Reduce Greece’s Debt: Investors need confidence
November 5th, 2015
Investors need confidence Greece’s debt is sustainable Servicing obligations are only part of the equation, U.S. says The U.S. is pressing euro-area countries to agree to an overhaul of Greece’s debt to give private-sector investors confidence that the nation’s ...
Greece May Win 2 Billion-Euro Payout by Monday, EU Official Says
November 4th, 2015
Greek banks are said likely to need some rescue funds Extra 15 billion euros for Greek lenders seen as unnecessary The Greek government might win a delayed 2 billion-euro ($2.2 billion) aid disbursement by Nov. 9 and the country’s ...
Mario Draghi Interview: We must propose a way forward to Europeans
November 2nd, 2015
Interview with Il Sole 24 Ore Interview with Mario Draghi, President of the ECB, conducted by Alessandro Merli and Roberto Napoletano, published on 31 October 2015 President Draghi, in Malta last week, you stressed the downside risks for both ...
Greece: Recap won’t be enough for credit sector
November 2nd, 2015
The Greek economy will have to grow at satisfactory rates for many years to recoup the severe output loss recorded during the 2008-15 period, and perhaps 2016 too. This is not likely to happen if the private sector is ...
Report on Financial Structures details structural changes in the euro area financial sector
October 30th, 2015
New ECB report covers banks as well as other financial intermediaries Banks, insurance companies and pension funds in largest euro area economies exposed primarily domestically Consolidation and rationalisation in the banking sector continued in 2014, and the median Tier ...
Fiat money quantity update
October 30th, 2015
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system’s reserves and other banking-related liabilities on the ...
US Stock Market Regained The Lead In Last Week’s Rally
October 26th, 2015
US stocks reclaimed the top spot in last week’s performance race for the major assets classes, based on a set of proxy ETFs. The Vanguard Total Stock Market ETF (VTI) gained 1.7% for the five trading days through Oct. ...
