Europe

Results for Europe

Greek Bank Stocks Rebound As Government Downplays Prospect Of Creditor Clashes

Greek bank stocks rebounded as the government moved to contain the fallout from pledges made by its ministers, seeking to downplay the prospect of an imminent clash with creditors. Within 48 hours of the appointment of an anti-bailout cabinet under prime ...

Daily Headline - global.abi.org - 01/29/2015 - 21:57 - 0 comments

EU Reforms To Break Up Big Banks At Risk

Reforms to break up Europe’s big banks are on course to be weakened by pressure from France and Britain for maximum national leeway, the Financial Times reported. The European Commission has faced a wall of opposition from some EU member states and t ...

Daily Headline - global.abi.org - 01/29/2015 - 21:58 - 0 comments

Belarus Backtracks After Spooking Market With Debt Restructuring Talk

Belarussian President Alexander Lukashenko spooked bond markets on Thursday by speaking of a possible restructuring of $4 billion of Belarussian foreign debt falling due this year, then softened his ... possible restructuring of $4 billion of Belarussian foreign debt falling due this year, then softened his ...

Daily Headline - global.abi.org - 01/29/2015 - 21:58 - 0 comments

David Drumm Asks For More Time To Outline Reasons For Appeal

Former Anglo Irish Bank chief executive David Drumm has asked a US court for more time to outline his reasons why it should overturn a bankruptcy judge’s ruling blocking a write-off of his debts, the Irish Times reported. Mr Drumm lodged papers in th ...

Daily Headline - global.abi.org - 01/29/2015 - 22:00 - 0 comments

Greek Markets Hammered As Fears Grow Over New Government

Greek bank shares suffered their worst one day loss on record on Wednesday, as anxiety grew over the new government’s plan to renegotiate Greece’s €240bn bailout, the Financial Times reported. The country’s four biggest lenders saw their stock prices ...

Daily Headline - global.abi.org - 01/28/2015 - 21:35 - 0 comments

Mortgage Curbs Could Affect House Building, Banking Body Warns

The main representative body for Irish banks has welcomed the Central Bank’s decision to ease its proposals on loan-to-value (LTV) mortgage limits for first-time buyers but cautioned it could have an impact on house building, the Irish Times reported ...

Daily Headline - global.abi.org - 01/28/2015 - 21:36 - 0 comments

Greece’s Finance Minister Wants To Default And Stay In Euro

It’s no secret what Yanis Varoufakis thinks Greece should do with its debt. The economics professor at the University of Athens, who announced his appointment as the country’s finance minister in a posting on his personal blog on Tuesday, has been arguin ...

Daily Headline - global.abi.org - 01/27/2015 - 22:02 - 0 comments

Schäuble Urges Ukraine to Start Talks With Creditors

€3 billion ($3.4 billion) loan from Russia. Mr. Schauble’s comments come after Ukraine’s finance ...

Daily Headline - global.abi.org - 01/27/2015 - 22:03 - 0 comments

France Seeking Insolvency Law Change to Speed Up Restructuring

right direction.” Corporate insolvency filings in France increased 0.9 percent in the year through ...

Daily Headline - global.abi.org - 01/26/2015 - 22:07 - 0 comments

Greece, Europe Dig In on Bailout Terms After Syriza Election Victory

Greece and its creditors veered toward confrontation as its new, leftist government pledged to make good on promises to reverse years of public-spending cuts despite warnings from Berlin and other European capitals that doing so could plunge the country, ...

Daily Headline - global.abi.org - 01/26/2015 - 22:08 - 0 comments

Syndicate content