Spain Calls For A New Fiscal Authority
Spain on Saturday proposed the set up of a new fiscal authority in the euro zone which would control and harmonize…
Browsing Tag
euro zone debt crisis
EU Banks Need Credible Refunding Mechanism: ECB’s Draghi
A credible mechanism is needed for recapitalizing euro zone banks and improving oversight in order to address the…
EU To Form “Banking Union” On Debt Crisis
The European Union should seek to create a ‘banking union' in which lenders face tough, common rules allowing them…
Euro Zone Banks In Need For A Robust Shield
As the euro zone ponders a possible Greek exit, policymakers have not yet built a shield robust enough to prevent a…
Top Greek Banks Received €18 Bln Support
Greece handed 18 billion euros (14.39 billion pounds) to its four biggest banks on Monday, the finance ministry…
Spain’s Banks In No Need For International Bailout: Mariano Rajoy
Spain's prime minister has insisted his country will not need an international rescue for its banks as investors…
Euro Crisis Cuts Growth In Africa: AfDB
Europe’s crisis is undermining growth in Africa at a time when governments in the world’s poorest continent are…
Spain’s Bankia May Be Recapitalized By Govt. Bonds
Spain may recapitalize Bankia (BKIA.MC) with Spanish government bonds in return for shares in the bank which last…
Demand On Sukuk Rises Despite Greek Exit Fears
While the Euro zone crisis has been weighing on investors' sentiment and on global economic prospects, the issuance…
Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…
