Search Results for: europe
Spain says third bailout for Greece seen at EUR 30-50 bn
March 3rd, 2015
Spanish Economy Minister Luis de Guindos on Monday said European Union officials are estimating that a hypothetical third bailout for Greece could amount to between 30 and 50 billion euros ($34-55 billion). European officials have estimated that Greece’s financing ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Greek government searches for funds amid fresh speculation about third bailout
March 3rd, 2015
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
Gold may take a shine to $1,700 an oz. by 2016
March 2nd, 2015
Don’t expect to see much of a climb in gold prices this year, but a spike to $1,700 an ounce or more could come as early as the summer of 2016. Gold futures prices on Comex closed at $1,210.10 ...
Results of the Poll Vote: Do you think ‘Grexit’ is possible?
March 2nd, 2015
On February 28 closed the Poll on www.onestopbrokers.com where you have shared your opinion about a question and in fact a great concern of European Union about “Grexit” Please find below the results: Poll: Do you think ‘Grexit’ is ...
International and regional bodies that combat money laundering (part B)
March 2nd, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Bundestag votes in favor of Greek extension
February 27th, 2015
“Greece is unable to decide on its own what path to follow”, says the German Minister of Finance German parliament voted in favor of the four month extension of Greek aid, as expected. 542 MPs out of the total ...
Biggest Global Banks Go to Pieces Under Pressure From Regulators
February 27th, 2015
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest bank by market value, said this week it’s considering “extreme ...
Yanis Varoufakis: “We will never leave the euro”
February 27th, 2015
Finance Minister stresses that “for the first time we are becoming the authors of our future” The Minister of Finances Yanis Varoufakis stated that the recent Eurogroup agreement was a major success, in an exclusive interview he gave to Giorgos Padadakis on ANT1. Mr. ...
Germany’s Finance Minister Calls on Lawmakers to Back Greek Bailout Extension
February 27th, 2015
Wolfgang Schäuble spoke to German lawmakers ahead of a parliamentary vote Germany’s finance minister called on lawmakers to back a four-month extension of Greece’s bailout, arguing that voting against the bill would cause Germany’s future “great damage.” “Greece needs much ...
