Euro Bailout Firewall Not Big Enough

The recent €100 billion bailout of Spain's banks will leave Europe's financial rescue fund without enough money to bail out another big economy, an international banking group warned on Sunday.

Topics:  spain   europe   bailout   big   
ASK NEWS:
  • Greek Banks Face Contingency Plans as Crisis Threatens - Bloomberg
    European Union scrutinises Greece bank plans as debt crisis drags on - Times of Oman
    05/22/2015 - 9:41 am | View Link
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BING NEWS:
  • At a Glance: German Court Ruling on Bailout Fund
    Germany’s Federal Constitutional Court in Karlsruhe is set to rule Wednesday at 8 a.m. GMT on whether the European Stability Mechanism — the euro zone’s permanent bailout fund aimed ... euro zone without a viable firewall against financial contagion ...
    09/11/2012 - 4:09 am | View Link
  • Euro bailout firewall not big enough
    NEW YORK (CNNMoney) -- The recent €100 billion bailout of Spain's banks will leave Europe's financial rescue fund without enough money to bail out another big economy, an international banking group warned on Sunday. "[A]fter committing €100 billion ...
    06/16/2012 - 6:00 pm | View Link
  • Austria: Euro bailout fund will be $1.1 trillion
    COPENHAGEN, Denmark (AP) — The 17 countries that use the euro are to build a €800 billion ($1.1 trillion) financial firewall against their debt ... To ease the transition from the eurozone's interim bailout fund, the European Financial Stability ...
    03/30/2012 - 8:29 am | View Link
  • Euro Bailout Fund Gets Another Boost
    WSJ MarketBeat's Steven Russolillo reports European finance ministers agreed to raise the so-called 'firewall' to 700 billion Euro to curb the region's debt crisis, while some fear it may not be enough. REUTERS/Yves Herman
    03/30/2012 - 12:02 am | View Link
  • Austria: Euro bailout fund will be $1.1 trillion
    COPENHAGEN, Denmark (AP) -- Austria's finance minister says the 17 euro countries will build a 800 billion ($1.1 trillion) financial firewall against their debt ... left in the eurozone's existing, temporary bailout fund will remain available until mid ...
    03/29/2012 - 6:11 am | View Link
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BING SEARCH:
  • European Stability Mechanism
    The European Stability Mechanism (ESM) is an international organisation located in Luxembourg which was established on 27 September 2012 as a permanent firewall for ...
    05/29/2015 - 6:48 am | View Website
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in ...
    05/28/2015 - 4:22 pm | View Website
  • Eurozone Officials Reach Accord With Greece to Extend ...
    BRUSSELS — Ending an acrimonious standoff, European leaders hashed out a deal on Friday to extend Greece’s bailout by four months, giving the troubled ...
    05/28/2015 - 1:20 am | View Website
  • A Second Greek Bailout Is Approved by Euro Zone Nations ...
    LONDON — After months of tortuous and tense negotiations, a second bailout for Greece finally became a reality on Wednesday when euro zone nations ...
    05/26/2015 - 9:18 pm | View Website
  • EU put eurozone safety before Greece during bailout, IMF ...
    EU put eurozone safety before Greece during bailout, IMF report claims The bailout of Greece was bungled because it was an attempt to save the single ...
    06/4/2013 - 7:55 pm | View Website
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