The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Greek bank stocks fell 4.6%, and CDS reach new record on rumours of a forced haircut to be imposed this weekend; Greek finance ministry requested a prosecutor to investigate possible criminal conduct, as traders sent an email containing the rumours of an early restructuring; a member of Merkel's council of economic advisers said Greek debt needs to be restructured; a majority of economists polled by Reuters agree, but say no action needed for another year; in Germany, parliamentary opposition to the ratification of the ESM is widening; Merkel is coming under pressure to give the Bundestag full co-decision rights; vote on EFSF and ESM has been postponed until the autumn; True Finns leader Timo Soini insists that Spanish banks should participate in a Portuguese bail-out, as a precondition for his acceptance of an EFSF package; there was some good news from Spain as it managed to auction of two long-term bonds;the Swiss government aims to impose Draconian capital requirements on Swiss banks, including a 19% capital buffer, with 10pc in core tier-1 capital; two Germany federal states, meanwhile, have agreed to recapitalise the Helaba Landesbank, which would otherwise have failed the stress test.
by Frank Schnittger - May 26 19 comments
by ARGeezer - May 25 19 comments
by gmoke - May 23
by Frank Schnittger - Apr 30 4 comments
by gmoke - May 15 17 comments
by Frank Schnittger - May 11 265 comments
by Helen - May 18 37 comments
by Frank Schnittger - May 9 12 comments
by Frank Schnittger - May 2619 comments
by ARGeezer - May 2519 comments
by gmoke - May 23
by Helen - May 1837 comments
by gmoke - May 1517 comments
by Frank Schnittger - May 11265 comments
by Frank Schnittger - May 912 comments
by Frank Schnittger - May 76 comments
by Frank Schnittger - May 61 comment
by Frank Schnittger - May 4
by DoDo - May 121 comments
by Frank Schnittger - Apr 304 comments
by gmoke - Apr 287 comments