IMF: UAE May Face Risks From Euro Crisis
The United Arab Emirates and other Gulf countries could face major financial repercussions if the euro…
Browsing Tag
euro zone debt crisis
Spain Requests $125 Bln Bailout
Spain became the fourth euro member to seek a bailout since the start of the region’s debt crisis more than two…
Spanish Banks May Receive Aid On IMF’s Recommendations
Spain may today move closer to becoming the fourth euro-area nation to receive aid, as the International Monetary…
Italian Bank’s Borrowing From ECB Registers New Record In May
Italian banks’ borrowings from the European Central Bank rose to a third straight monthly record in May as concerns…
Portugal’s BPI Bank Asks For 1.3 Bln Aid
The Portuguese bank BPI has reportedly asked for 1.3 billion euros in public aid to comply with the principles laid…
Chinese Central Bank Chief Affirms Support For Euro Zone
China's central bank chief said the country will continue to invest in euro zone government debt and other assets…
Pressure Increased On Merkel To Support Joint Debt Sharing
Spanish Prime Minister Mariano Rajoy ratcheted up pressure on German Chancellor Angela Merkel to back new ideas for…
Mauritius’ Central Bank Advises Banks To Reduce Exposure To Euro Zone
Mauritius’ central bank advised domestic lenders to minimize their exposure to the euro zone as the currency slumps…
UAE’s Banks Not To Be Affected By Global Financial Crisis: Central Bank
The UAE's banks won’t be adversely impacted by the turmoil roiling international markets, the country’s central…
German Merkel Rejects Joint Debt Sharing
German Chancellor Angela Merkel hardened her opposition to joint debt sharing in the euro region as President…
