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:
  • Euro Zone Bailout Fund Takes Flight
    increase of the main financial firewall. Euro Zone Backs 10 Billion Euro Cyprus Bailout Calm on the streets of Cyprus and relief as capital controls there are eased. Though as Nicosia's residents fret over their money, some worry things could still get worse.
    10/2/2014 - 5:09 am | View Link
  • 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 - 1:46 pm | View Link
  • Europe Agrees to Bailout Fund for Euro of Over $1 Trillion
    Announcing a large bailout fund was viewed as crucial to putting an end to speculation ... and by others to agree on a more substantial firewall was quashed by the German finance minister, Wolfgang Schauble, who said that would be unacceptable to Germans.
    03/30/2012 - 8:00 am | View Link
  • Euro-zone bailout capacity boosted to 700B euros
    Including a total of 102 billion euros in funds already committed to Greece and other bailout countries, the overall firewall stands at 800 billion euros, the ministers said.
    03/30/2012 - 1:53 am | View Link
  • More
BING SEARCH:
  • 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 ...
    10/1/2014 - 9:12 pm | 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 ...
    10/1/2014 - 1:27 pm | View Website
  • Politics | News about Politics in America & the World ...
    Check out Rolling Stone's latest political news and features covering today's hottest political topics and Matt Taibbi's take.
    10/1/2014 - 1:27 pm | View Website
  • Eurozone crisis
    The eurozone crisis (often referred to as the euro crisis or the sovereign debt crisis) is an ongoing crisis that has been affecting the countries of the eurozone ...
    10/1/2014 - 7:01 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
    09/30/2014 - 8:13 am | 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