Topic: Financial Rescue Plans
TOKYO (Reuters) - The head of Europe's bailout fund, in Asia on a tour for potential investors, said on Monday he had been reassured by Japan's top currency official that Tokyo would continue to buy its bonds.Europe is looking to countries with ...
Asian shares surged on Monday after weekend meetings of European leaders resulted in "good progress" on tackling a regional debt crisis that has threatened to plunge the world economy into recession.The eurozone wants to beef up its 440-billion-euro ($610 billion) rescue fund, ...
Europe aimed to nail down a solution to the worst economic crisis in its history Sunday, as the spotlight at an emergency meeting of EU leaders fell on Italy amid contagion fears in the eurozone.Ahead of the crunch summit, keenly watched around ...
A Bundesbank board member warned Thursday of risks for taxpayers in leveraging the EU's debt bailout fund and said assigning it a lower credit rating would be a better way of boosting its firepower."Everybody must be clear on this -- leveraging mechanisms ...
Germany's finance minister said on Thursday there was "complete agreement" between Paris and Berlin on the EU's bailout fund but that no accord had yet been clinched at a European level."France and Germany have a completely agreed position on these questions, but ...
German Finance Minister Wolfgang Schaeuble has suggested the firepower of the EU's bailout fund could be increased to one trillion euros ($1.38 trillion), the Financial Times Deutschland reported Wednesday.Europe is looking for ways of boosting the firepower of the European Financial Stability ...
European competition authorities on Monday gave temporary approval to Belgium's nationalisation of Dexia's Belgian unit under a rescue plan of the Franco-Belgian banking group.The European Commission gave the Belgian government six months to provide a new restructuring plan for Dexia Bank Belgium, ...
PARIS (Reuters) - The European Central Bank signaled on Saturday it would not abruptly end its bond-buying program now that the euro zone bailout fund EFSF has powers of secondary market intervention and would wait until financial markets stabilize.The European Financial Stability ...
PARIS (Reuters) - The International Monetary Fund may need a capital injection of about $350 billion to give it more firepower to fight economic crises, an emerging market G20 source said on Friday.The senior delegation source said that any recapitalization would not ...
The European Union pressed banks to urgently beef up their coffers against the crisis as it raced to revamp the eurozone debt rescue fund after winning a reprieve from Slovakia.Europe breathed easier after Slovak parties agreed to hold a new vote this ...
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