Posts Tagged ‘euro’
|Report: Euro Zone Mulls Partial Debt Write-Off
Report: Euro Zone Mulls Partial Debt Write-Off
A German newspaper reported euro zone nations are considering a plan to enable Greece and Ireland to write off some of their debt burden.
Read more on FOX Business
Euro Drops on Debt Concerns as Finance Chiefs Prepare to Meet
Euro Drops on Debt Concerns as Finance Chiefs Prepare to Meet
The euro fell against the dollar, snapping a five-day gain, on concern the region’s debt crisis will worsen even as European finance ministers meet today to hammer out a new strategy to stem the contagion.
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Successful Spanish bond sale eases euro jitters
Successful Spanish bond sale eases euro jitters
Spain and Italy staged successful bond sales on Thursday buying European leaders additional time to come up with a new package of measures to stem the debt crisis rocking their 12-year old single currency bloc.
Read more on Reuters via Yahoo! UK & Ireland News
Japan to buy euro zone debt, little relief for euro
Japan to buy euro zone debt, little relief for euro
TOKYO (Reuters) – Japan pledged to buy euro zone bonds this month in a show of support for Europe’s struggle with a smouldering debt crisis, but market players doubted the gesture would offer the…
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Debt Struggles Set to Deepen for Peripheral Europe: Euro Credit
Debt Struggles Set to Deepen for Peripheral Europe: Euro Credit
Europe’s most indebted nations, already struggling to find buyers for their bonds, will face more competition as the region begins issuing new securities to fund Ireland’s rescue package.
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Ireland unveils 15 bln euro austerity plan to secure bailout
Ireland unveils 15 bln euro austerity plan to secure bailout
Ireland unveiled a 15-billion dollar austerity package Wednesday needed to secure an international bailout, slashing public sector pay, pensions and welfare but refusing to hike corporation tax.
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Irish under pressure in euro zone “survival crisis”
Irish under pressure in euro zone “survival crisis”
Ireland came under intense pressure on Tuesday to request aid over its debt crunch in what a top EU official called a “survival crisis” for the euro zone and the wider European Union.
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Euro leaders to ‘reinforce’ budget pact after Greek bailout
Euro leaders to ‘reinforce’ budget pact after Greek bailout
Euro leaders agreed on Friday to “reinforce” rules governing national budgets, after concluding a deal to offer debt-addled Greece 80 billion euros in crisis loans, an EU source said.
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Euro states to share profits from Greek loans, officials say
Euro states to share profits from Greek loans, officials say
Brussels – Euro area states are expected to share the profits they will make from lending money to Greece, with mechanisms in place to make sure that none of them ends up losing money in the process, European Commission officials said Monday….
Read more on EARTHtimes.org
The Beast That Swallows Its Young
Log Book loans were put in place as an innovator of the whole vehicle secured financing shebang and they have been very popular since then. Now, people are wondering what the hell or more politely what is a book loan?
The condition that must be met in a logbook that is ready to take the borrower to the logbook Read the rest of this entry »