|
|
|||||||||||||
|
Glenn Reynolds Instapundit 3/30/2012 The central bank of Germany will no longer accept bank bonds backed by Ireland, Greece and Portugal as collateral. From the article: …Last week, the ECB [European Central Bank] gave the 17 national central banks in the Eurosystem permission to reject collateral bonds backed by governments that have received a bailout […] March 30th, 2012 | Tags: European Central Bank (ECB), eurozone, Greece, International Monetary Fund (IMF), Ireland, Portugal | Category: Banking and finance, European Union, Germany | Comments are closed
Leading economists and politicians issue stark warning over eurozone Oliver Wright, Ben Chu The Independent [UK] 02 February 2012 The eurozone cannot survive in its current form – that is the alarming prediction of top economists and politicians of all political hues, among them the former Chancellors Alistair Darling, Nigel Lawson and Norman Lamont. In […] February 2nd, 2012 | Tags: Debt, European Fiscal Compact, eurozone, Greece | Category: Banking and finance, Economy, European Union, Germany, Politics | Comments are closed
Oh, this is going to be a cheerful Monday… Telegram from Innisfree Chicago Boyz 1/29/2012 So tomorrow (Monday) morning there’s going to be a new pact signed in Brussels at the EU leaders’ summit which basically wrests more fiscal power away from Greece, and turns it over to a “Eurozone budget commissioner”. Here in Ireland, […] January 29th, 2012 | Tags: Christine Lagarde, eurozone, Greece, International Monetary Fund (IMF), Ireland, national sovereignty, Portugal, referendum, technocracy, technocrats | Category: Economy, European Union, Fascism, Germany | Comments are closed
Hugh Schofield BBC News 13 January 2012 France has lost its top AAA credit rating from Standard & Poor’s and eight other eurozone governments have also been downgraded by the ratings agency. Italy, Spain, Cyprus and Portugal were cut two notches, with the latter two given “junk” ratings. Germany kept its AAA rating, and with […] January 13th, 2012 | Tags: eurozone, Standard & Poor (S&P) | Category: Banking and finance, Economy, European Union, Great Britain | Comments are closed
Farage video: The EU is the Titanic, but Britain is in a lifeboat Reliapundit The Astute Bloggers 1/9/2012 [MEP Nigel]Farage has been warning that the EU was headed for economic and democratic disaster for years–well before the current crisis… …Britain might escape the EU debacle… …But there are hurdles ahead: I pray the British […] January 9th, 2012 | Tags: big government, Common Market, devolution of power, eurozone, financial transaction tax, MEP Daniel Hannan, MEP Nigel Farage, national sovereignty, Nick Clegg, PM David Cameron, referendum, regulations, sovereign debt, strategic default, United Kingdom Independence Party (UKIP) | Category: Economy, Entitlements, European Union, France, Germany, Great Britain, Politics, Taxes, Video | Comments are closed
CAJ note: £25 billion is about $39 billion U.S. David Cameron will come under pressure today to resist demands to contribute more than £25 billion to a new eurozone bail-out. Tim Ross and Bruno Waterfield The Telegraph [UK] 18 Dec 2011 European finance ministers will aim to agree a new €200 billion (£167.7 billion [$260.7 […] December 18th, 2011 | Tags: eurozone, International Monetary Fund (IMF), PM David Cameron, single currency | Category: Banking and finance, European Union, Great Britain, Politics, Socialism | Comments are closed
|
|
|||||||||||
