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a setback for the European Central Bank which has championed the idea to stem financial contagion. As banks' problems persist, the debate in Europe has intensified over how to reinforce them and countries are coming under increasing pressure ...
May 28, 2012 at 08:29 | Source: Reuters UK
... at the moment make Wall Street squirm as much as European bank stocks. A contrarian with an appetite for risk might call that a reason to buy. Enlarge Image The European Central Bank might step in, which could trigger a stock rally. Prices indeed seem alluring.
May 26, 2012 at 01:08 | Source: Wall Street Journal
They say the cost of issuing the debt will rise, curtailing demand and leaving the sector dependent on a shrinking pool of funds that could send banks running back to governments or the European Central Bank to plug the gap. "Why should I as a ...
May 28, 2012 at 14:34 | Source: Huffington Post
The Hellenic Financial Stability Fund disbursed 18 billion euros ($23 billion) to Greece’s four biggest banks as part of a recapitalization plan that may enable the lenders to return to the European Central Bank for funding. The funds were ...
May 28, 2012 at 18:37 | Source: Bloomberg
PARIS — The head of Germany's central bank says there is no quick fix for Europe's problems, calling appeals for more support from the European Central Bank and plans for investment in infrastructure a distraction from the hard work of reform.
May 25, 2012 at 11:53 | Source: msnbc.com
Spanish 10-year bond yields rose to 6.53 percent, their highest since November 2011 before the European Central Bank injected cheap three-year loans into the banking system. "Pressure on the Spanish banks is continuing to mount as remaining ...
May 28, 2012 at 17:04 | Source: Reuters UK
Greece handed 18 billion euros ($22.6 billion) to its four biggest banks on Monday, an official said, allowing the stricken lenders to regain access to European Central Bank funding. The long-awaited injection—via bonds from the European Financial ...
May 28, 2012 at 17:19 | Source: CNBC
The following is a list of companies whose shares may undergo unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close. PGE SA (PGE): Poland’s biggest ...
May 28, 2012 at 06:56 | Source: Bloomberg
On the other hand, the stakes are so high that the European Central Bank may step in to bolster the financial system, which could trigger a stock rally. If Greece leaves the euro zone, the ECB will likely cut interest rates and resume its "long ...
May 25, 2012 at 20:36 | Source: Wall Street Journal
On Friday, Jens Weidmann, the president of the Bundesbank, the German central bank, and a member of the European Central Bank’s governing council, warned in an interview with Le Monde that deviating from the austerity measures that have ...
May 25, 2012 at 14:16 | Source: New York Times