June 20 2012

Monti proposes European bailout fund buy bonds

Tagged Under : , ,

Italian Premier Mario Monti has proposed using the eurozone’s €440 billion ($555 billion) bailout fund to buy sovereign debt and ease pressure on Italian and Spanish borrowing rates.Monti told a briefing …

Monti proposes European bailout fund buy bonds

June 19 2012

Euro bailout fund challenged in Irish court

Tagged Under : , ,

Ireland’s High Court began hearing a challenge to the European Union’s new bailout fund on Tuesday, launched by a politician who said the European Stability Mechanism was not compatible with the Irish …

Euro bailout fund challenged in Irish court

June 19 2012

The Greek drama that just won’t end

Tagged Under : , ,

The last thing the EU needs right now is for Greece to miss key deadlines under terms of its bailout — it may be less painful to simply give the ailing country a little more time.

The Greek drama that just won’t end

June 18 2012

U.S. suggests it will back review of Greek bailout

Tagged Under : ,

The United States suggested on Monday it would support discussions to review Greece’s international bailout, saying economic reforms under the 130-billion-euro rescue program were pushed off track by a …

U.S. suggests it will back review of Greek bailout

June 18 2012

World market rally loses steam

Tagged Under :

An early rally in world markets lost momentum Monday after Greek elections put the main pro-bailout party on top but still needing to form a coalition government.

World market rally loses steam

June 18 2012

Pro-bailout party wins, tries to form government

Tagged Under : , , ,

Two elections, two interim prime ministers and 221 days since Greece last had an elected government, Greek President Karolas Papoulias asked the leader of the center-right New Democracy party Monday to try to hammer out a coalition.

Pro-bailout party wins, tries to form government

June 18 2012

Europe stock rally fizzles

Tagged Under : ,

An early rally in world markets lost momentum Monday after Greek elections put the main pro-bailout party on top but still needing to form a coalition government.

Europe stock rally fizzles

June 18 2012

What’s next for Greece

Tagged Under : ,

A pro-bailout party in Greece won the most votes in Sunday’s parliamentary election, which could ease any immediate concerns about the nation’s future participation in the euro area.

What’s next for Greece

June 18 2012

FactSet: yield on Spanish 10-year bonds punches through 7 pct level, seen as bailout threshold

Tagged Under : ,

FactSet: yield on Spanish 10-year bonds punches through 7 pct level, seen as bailout threshold.

FactSet: yield on Spanish 10-year bonds punches through 7 pct level, seen as bailout threshold

June 17 2012

Pro-bailout party gets most votes

Tagged Under :

Fate of Greek government will be set in coming days after talks to form coalition

Pro-bailout party gets most votes