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   
  • 'Tremendous progress' for Ireland - Irish Times
    ... since Europe reinforced its firewall against ... in the viability of the euro area, through various facilities such as [the] ESM [bailout fund] ...
    01/28/2015 - 1:46 pm | View Link
  • Greece’s do-or-die moment - Fortune
    It's designed to provide a firewall to protect the Euro. ... caves, they'll hand a powerful weapon to radical, anti-bailout parties that rail
    01/28/2015 - 6:34 am | View Link
  • Tsipras vs. Merkel on Greek debt: Unstoppable mandate faces ... - Christian Science Monitor
    Greece markets hit by default fears - BBC
    01/27/2015 - 9:24 am | View Link
  • Merkel sees Greece's Tsipras making deals as cash crunch looms - MENAFN
    Tsipras will do business with other euro-region ... the European Stability Mechanism firewall fund ... conditions attached to the Greek bailout." ...
    01/19/2015 - 3:45 pm | View Link
  • More
  • Euro-Area Bailout Fund Faces Challenge at Highest Court
    The euro area’s 500 billion-euro ($652 billion) bailout fund faces another test as the European Union’s highest court weighs claims that the firewall violates EU law and should be banned in its current form. A complaint by Thomas Pringle, an ...
    10/22/2012 - 9:10 pm | 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 ...
    06/17/2012 - 12:48 pm | View Link
  • Europe Agrees to Bailout Fund for Euro of Over $1 Trillion
    who would bear the bailout funds’ liabilities, at even greater risk. Earlier in the day, some ministers made clear their reservations about expanding the size of the region’s firewall to a sum approaching €1 trillion. “We are ready to increase the ...
    03/30/2012 - 8:00 am | View Link
  • IMF's Lagarde welcomes bigger euro-zone firewall
    FRANKFURT (MarketWatch) -- International Monetary Fund Managing Director Christine Lagarde on Friday said she welcomed the decision by euro-zone finance ministers to temporarily boost the effective lending capacity of the region's bailout funds to 700 ...
    03/30/2012 - 4:34 am | View Link
  • Euro zone pumps up bailout fund to nearly $1 trillion
    The earlier money would last until mid-2013, leaving the new fund to stand alone. Without the larger firewall, many economists have said, the bailout funds might not be enough to stave off a crisis if a large country like Spain or Italy needed assistance.
    03/30/2012 - 2:09 am | View Link
  • More
  • euro-zone debt crisis :: Timeline of key events in the ...
    Timeline of key events in the European sovereign debt crisis. October 2009. In a snap election called by Prime Minister Kostas Karamanlis of the New Democracy (ND ...
    01/29/2015 - 5:47 am | View Website
  • International Monetary Fund Washington, D.C.
    GREECE INTERNATIONAL MONETARY FUND 3 Authorized for distribution by the European Department and the Strategy, Policy, and Review Department
    01/29/2015 - 5:19 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 ...
    01/28/2015 - 1:05 pm | View Website
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is an ongoing multi-year long debt crisis taking place ...
    01/28/2015 - 7:07 am | View Website
  • 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 ...
    01/20/2015 - 8:31 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News