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   
BING NEWS:
  • 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 ...
    08/20/2014 - 8:47 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 ...
    06/17/2012 - 9:46 pm | View Link
  • Greece Crisis: Parties Hit Political Stalemate, Euro Exit Fears Grow
    If Papoulias's proposal fails, he must call a new vote, which opinion polls suggest would be won by leftist opponents of a painful EU/IMF bailout. European leaders ... Emboldened by a reinforced financial firewall to protect weak euro zone states, and ...
    05/13/2012 - 4:19 pm | View Link
  • Euro zone to build up $1-trillion financial firewall for larger economies
    Around €53 billion disbursed so far from the first bailout package of €109 million offered for ... The euro zone nations are hoping that the massive financial firewall will act as a deterrent against attacks by speculative investors in the financial ...
    03/30/2012 - 1:00 pm | View Link
  • Euro Zone Lifts Firewall
    Euro-zone finance ministers agreed a temporary boost of the bloc’s bailout lending limit to €700 billion ... Fund are looking for a convincing increase of the euro zone’s “firewall” to prevent the crisis from returning in full force.
    03/29/2012 - 10:24 pm | View Link
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BING SEARCH:
  • Euro Zone Boosts Bailout Firewall to $1.06 Trillion
    Euro Zone Boosts Bailout Firewall to $1.06 Trillion The euro zone raised the combined lending ceiling for their two bailout funds to 700 billion euros from 500 billion, euro zone finance ministers said, adding that the total firewall will be 800 billion euros ($1.06 trillion).
    12/12/2017 - 1:57 pm | View Website
  • Europe Agrees to Bailout Fund for Euro of Over $1 Trillion ...
    “We are ready to increase the firewall, ... on Page B6 of the New York edition with the headline: Officials Reach Agreement on Euro Zone Bailout Fund. ...
    08/20/2014 - 3:43 pm | View Website
  • Euro bailout firewall not big enough
    Euro area policymakers have made "conflicting statements" about the size of their so-called financial firewall, according to the IIF. The estimates have ranged from €500 billion to €800 billion.
    06/18/2012 - 4:40 am | View Website
  • Euro firewall raised to ?700 billion
    Finance ministers combine the resources of new and existing bailout funds to build 'robust' firewall against the debt crisis.
    03/30/2012 - 10:32 am | View Website
  • Euro Zone Lifts Firewall
    Euro-zone finance ministers agreed a temporary boost of the bloc's bailout lending limit to €700 billion, a plan that some fear won't be enough to ...
    03/30/2012 - 5:17 am | View Website
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