Search Results for: European banks
Spanish, French Stocks Lead Europe Rally as Greece Submits Plan
July 10th, 2015
European stocks climbed, poised for a weekly gain, after Greece offered to meet most of creditors’ demands in exchange for a new bailout. The Stoxx Europe 600 Index rose 1.5 percent to 386.91 at 10:04 a.m. in London. Benchmark ...
The Neo-Marxist Threat to National Economies
July 10th, 2015
The theatricals and melodrama of the current Greek crisis mask a far more serious issue than mere political entertainment. The self-created sequence of threats to Greece i.e. sovereign debt default, bankruptcy, Eurozone exit and relegation to the status of ...
Capital Markets Union should ease cross-border investment and finance for SMEs
July 10th, 2015
The EU Capital Markets Union (CMU) should provide a new, more efficient way to channel savings into small business ventures and protect cross-border investors in the EU, says a non-binding resolution voted on Thursday. MEPs want CMU building blocks, ...
Greece debt crisis: Eurozone receives economic reform plan
July 10th, 2015
The Greek government has submitted economic reform proposals to try to secure a further bailout from its creditors, eurozone officials say. They say they received the plan late on Thursday – just two hours before a midnight deadline. They ...
Greek debt crisis: Where do other eurozone countries stand?
July 9th, 2015
Eurozone leaders are back in Brussels to discuss how to deal with the growing debt crisis in Greece. Greek voters overwhelmingly rejected the terms of an international bailout on Sunday. Although some countries are keen to strike a compromise, ...
Greece: Creditors await Greek proposals after loan request
July 9th, 2015
Greek Prime Minister Alexis Tsipras faces one of his most difficult days in power on Thursday as he must finalize proposals for tough economic reforms and submit them to the country’s creditors by the end of the day to ...
Citigroup: Here’s Our Five-Step Plan to Solve the Greek Crisis
July 8th, 2015
For six years the Greek crisis has unfolded in a predictable pattern: Greece needs money. Euro area leaders don’t want to give it to them without imposing tough conditions. Brinkmanship ensues, followed by some sort of ineffectual compromise. And repeat. According ...
Greece Given Until Sunday to Settle Debt Crisis or Face Disaster
July 8th, 2015
Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
Rift Emerges as Europe Gears Up for New Talks on Greece Bailout
July 7th, 2015
Germany continued to maintain a hard line with Athens on Monday, just a day after Greek voters decisively rejected a bailout deal from its creditors. But some European countries showed a willingness to soften the push for austerity that ...