Tuesday, November 20, 2012

Greece Debt Crisis Update: Greece Edges Closer to €44bn Bailout Programme

Latest update from Greece debt crisis, Greece edges closer to €44bn bailout
Finance ministers on Tuesday are aiming for a tentative political agreement to disburse the loans under an extended bailout programme

Yeahh a high-stakes battle in Brussels
A bust-up over the EU budget can still be avoided. The danger is that both sides are tempted to grandstand rather than broker a deal acceptable

Still about Greece debt crisis, EIB fund set up to help Greece criticised, Bank has made no loan yet to help Greek businesses in the eight months since the fund was set up and blames the delays on technical challenges

From Germany banking industry, Bundesbank warms to banking union, Germany's central bank has backed moves to create a eurozone banking union, but warned against treating them as a crisis-fighting measure

From Cyprus, Bank union proposals put curbs on ECB, Attempt by Cyprus to break deadlock in the search for banking union agreement puts checks on the European Central Bank as single bank supervisor

Meanwhile, CBI chief warns against EU retreat, Europe remains home for half the UK's exports, Sir Roger Carr says: 'It's like many relationships – can't live with you, can't live without you'

No comments:

Post a Comment