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:
  • EU's executive body signs three-year bailout programme for Greece - Kuwait News Agency
    Daily News 20 / 08 / 2015 - European Commission
    08/20/2015 - 7:34 am | View Link
  • EU Aims to Lure Greek Deposits Back to Banks With Bail-in Shield - Washington Post
    EU Aims to Lure Greek Deposits Back to Banks With Bail-in Shield - Bloomberg
    08/14/2015 - 6:10 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
  • 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
  • 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
  • Euro-zone bailout capacity boosted to 700B euros
    Updates headline to correct size of euro-zone bailout capacity. FRANKFURT (MarketWatch) -- Euro-zone finance ministers meeting in Copenhagen on Friday agreed to temporarily boost the size of the firewall designed to contain the spread of the region's debt ...
    03/30/2012 - 1:53 am | View Link
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BING SEARCH:
  • HOLY BAILOUT
    What about the 600 odd TRILLION dollars in derivatives exposure that has been consolidated into 4-5 banks? (BoA,GS, JPM, etc). How come lying scum like ...
    08/31/2015 - 5:39 am | View Website
  • Next steps on path to Greek bailout
    Greek parliamentarians have voted through an austerity package that keeps their hopes of securing a 130 billion euros bailout from the European Union and ...
    08/31/2015 - 5:11 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 been taking place ...
    08/30/2015 - 7:14 am | View Website
  • European Stability Mechanism
    The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operate under public international law for all eurozone ...
    08/29/2015 - 2:14 am | View Website
  • The Greek bailout deal, explained | Toronto Star
    The Greek bailout deal, explained Here are the basics of what’s happening, how we got here, and what it means for Greece, Europe and the rest of the ...
    07/13/2015 - 12:07 pm | View Website
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