The euro zone’s financial sector is in better health now than at any time in the last two years, the European Central Bank said Wednesday in its half-yearly Financial Stability Review.
Showing posts with label Euro-zone governments. Show all posts
Showing posts with label Euro-zone governments. Show all posts
Friday, May 31, 2013
Wednesday, August 31, 2011
Euro Nations To Pay For Collateral On Greek Loans - Source
BRUSSELS(Dow Jones)--Euro-zone governments are likely to require countries that seek collateral for a new round of lending to Greece to pay for it, a senior euro-zone official said Wednesday.
The idea is part of a proposal from the European Commission and the European Financial Stability Facility, the euro zone's sovereign rescue fund, to resolve a dispute sparked by demands from Finland for collateral to secure additional lending to Greece. The proposal also calls for countries that want collateral to receive Greek bank shares owned by the Greek government as collateral, the official said.
The idea is part of a proposal from the European Commission and the European Financial Stability Facility, the euro zone's sovereign rescue fund, to resolve a dispute sparked by demands from Finland for collateral to secure additional lending to Greece. The proposal also calls for countries that want collateral to receive Greek bank shares owned by the Greek government as collateral, the official said.
Thursday, August 25, 2011
No Progress This Week On EFSF Collateral - EU Source
BRUSSELS (Dow Jones)--Euro-zone policymakers haven't made any progress this week on resolving Finland's demand for collateral for contributing to Greece's second bailout, according to a person familiar with the situation.
Euro-zone governments are discussing alternative forms of collateral that could meet Finland's requirements for participating in the bailout after a bilateral deal reached earlier between Greece and Finland was rejected by key member states, including Germany and the Netherlands.
Euro-zone governments are discussing alternative forms of collateral that could meet Finland's requirements for participating in the bailout after a bilateral deal reached earlier between Greece and Finland was rejected by key member states, including Germany and the Netherlands.
Subscribe to:
Posts (Atom)