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:
  • The Liberty Times Editorial: Fix pensions to avoid Greece’s fate - Taipei Times Online
    The euro crisis began in 2010. The other PIIGS ... The firewall is in place and will prevent a ... — knew what they wanted during bailout talks ...
    07/7/2015 - 2:46 pm | View Link
  • After the ‘No’ Vote: What Can the EU Do About Greece Now? - Bloomberg
    Stability Mechanism, the euro-area’s firewall ... the European Commission and other institutions to draw up bailout outlines. Euro-area leaders
    07/7/2015 - 1:07 pm | View Link
  • Greek Creditors Clash on Bridge Financing - Yahoo! Finance
    ... financing to accompany talks over a new bailout. ... for a two-year loan from the European Stability Mechanism, the euro-area’s firewall ...
    07/7/2015 - 12:08 pm | View Link
  • After the ‘No' Vote: What Can The EU Do About Greece Now? - Yahoo! Finance
    Stability Mechanism, the euro-area’s firewall ... the European Commission and other institutions to draw up bailout outlines. Euro-area leaders
    07/7/2015 - 10:25 am | View Link
  • JP Morgan: What the Greek 'No' vote means for investors today - What Investment
    ... to reject the terms of a Eurozone bailout is ... consensus view is that the ECB firewall continues ... The only way they remain in the Euro ...
    07/6/2015 - 10:34 am | View Link
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BING NEWS:
  • After the ‘No’ Vote: What Can The EU Do About Greece Now?
    Tsipras also asked for a two-year loan from the European Stability Mechanism, the euro-area’s firewall fund, in a June 30 letter ... saying Tsipras must start from scratch on a third bailout because all previous offers have expired.
    07/7/2015 - 4:03 am | View Link
  • Greek Creditors Clash on Bridge Financing at Euro Marathon
    the euro-area’s firewall fund, in a June 30 letter. For this request to proceed, finance ministers need to send a letter to the European Commission allowing a bailout design to move ahead. Prior Actions Greece’s aid requests to creditors are based on ...
    07/7/2015 - 3:37 am | View Link
  • Schaeuble: The Pressure Is on Greece to Propose Crisis Fix
    the euro-area’s firewall fund, in a June 30 letter. For this request to proceed, finance ministers need to send a letter to the European Commission allowing a bailout design to move ahead. More from Bloomberg.com: Varoufakis Quits as Greece Enters New ...
    07/7/2015 - 3:31 am | View Link
  • Germany, France demand 'serious' proposals from Greece after 'No' vote
    European figures emphasised that a euro firewall was strong enough to contain jitters from ... Greek banks are closed and Greece does not have a bailout programme." Tsipras, 40, insists that instead of Grexit, the creditors will now finally have to talk ...
    07/6/2015 - 6:20 pm | View Link
  • Germany dismisses Greece bid for bailout after 'No' vote
    Greece in limbo' - European figures emphasised that a euro firewall was strong enough to contain jitters ... Greek banks are closed and Greece does not have a bailout programme." Holger Schmieding, analyst at Berenberg bank, also warned that the change ...
    07/6/2015 - 7:18 am | View Link
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BING SEARCH:
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    07/6/2015 - 11:39 am | View Website
  • Euro crisis latest news, commentary and analysis from the ...
    Euro crisis latest news and analysis on the euro debt crisis and possible financial contagion in eurozone
    07/6/2015 - 10:06 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 ...
    07/6/2015 - 2:07 am | View Website
  • European Sovereign Debt Crisis: Overview, Analysis, and ...
    Hello Jason, I’ve read a lot of articles related to the EU debt crisis causes and effects, and “European Sovereign Debt Crisis: Overview, Analysis, and Timeline ...
    07/4/2015 - 8:31 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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