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6.02pm: There is a good explanation of what's been happening with the ECB and the Greek banks on FT ... and for all of us" for the country to stay in the euro, adding: If Greece believes that we can find more stimulus in Europe in addition ...
May 16, 2012 at 11:21 | Source: The Guardian
The question of a Hellenic exit from the euro, European Union or both has ... what do you think its exchange rate would be? It wouldn't be anywhere near the current dollar rate of $1.30, I can promise you that. I would guess that in these troubled times ...
May 21, 2012 at 09:13 | Source: Seekingalpha.com
Instead, they probably fear the devaluation of their deposits relative to those in core economies if the euro should break up. Therefore, the run is being caused by concerns about exchange rate ... than the current exposures of the ECB and ...
May 19, 2012 at 23:56 | Source: Financial Times
The "Troika" (the European Commission [EC], the International Monetary Fund [IMF], and the European Central Bank [ECB]) has set up budgetary expectations for Greece as a condition of getting loans to pay its current operating expenses.
May 21, 2012 at 13:45 | Source: Minyanville
Europe and the euro can survive without Greece. They could even make it without Portugal. Ireland will merely default on the debt it incurred from the ECB ... largest current-account deficit in nominal terms. Perhaps France could live on credit ...
May 14, 2012 at 11:52 | Source: Minyanville
Yesterday’s decision by the European Central Bank not to support troubled Greek banks was a technical one in that ECB rules restrict the quality of the banks that it can support ... last report on the Euro-US Dollar rate that there was a ...
May 18, 2012 at 06:25 | Source: FXStreet.com
There is no euro-wide bond. So while America sold bonds to help Nevada, in the current situation ... order to protect them from runs. So there can't be a plan where, say, Greece drops out, but the ECB says Greece was a special case, and from ...
May 21, 2012 at 12:05 | Source: Washington Post
Europe and the euro can survive without Greece. They could even make it without Portugal. Ireland will merely default on the debt it incurred from the ECB ... largest current-account deficit in nominal terms. Perhaps France could live on credit ...
May 14, 2012 at 06:22 | Source: FXStreet.com
Europe and the euro can survive without Greece. They could even make it without Portugal. Ireland will merely default on the debt it incurred from the ECB to ... s largest current-account deficit in nominal terms. Perhaps France could live on credit ...
May 14, 2012 at 16:09 | Source: Live Trading News
Meanwhile, soon-to-be leaving ECB policymaker José Manuel Gonzalez-Paramo says it's high time Europe moved towards closer political, as well as economic and monetary, until. In his words, the solution to Europe's current problems are "more Europe".
May 18, 2012 at 07:51 | Source: ibtimes.co.uk