Daily economic news this early week still about the worries of slowdown economic growth of the Eurozone member, U.K. House Prices Mark Largest-Ever August Drop, House prices in the United Kingdom fell at the fastest pace ever seen for the month of August as the number of properties coming to the market continued to outstrip demand, property website Rightmove said Monday
Latest update from Greek Debt Crisis we reporting, Greek PM May Seek Extension For Reforms At Meeting This Week, Greek Prime Minister Antonis Samaras is expected to meet some of the leaders of the currency bloc this week to request an extension of its fiscal consolidation program, reports said over the weekend. And then Samaras will be visiting Luxembourg Prime Minister Jean-Claude Juncker, who heads the group of euro-area finance ministers, by the middle of this week
Meanwhile from Berlin we reporting, Bundesbank Toughens Opposition To ECB Bond Purchases, Germany's central bank on Monday reiterated its opposition to the European Central Bank's plan to purchase government bonds.
The decision to share solvency risks should be taken by governments, and not by central banks because it is about political future, Bundesbank said in its latest monthly report. The comments came after a German magazine report that the European Central Bank may be planning to cap the yields on the bonds of the peripheral nations
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