Policymaakers and bankers cannot agree the way forward for bankers

  • Greece worries markets on reform plan

  • The eurozone crisis deepened on Friday as Greek economic reform plans were delayed, sparking tension in the financial markets over the country’s ability to rein back its mounting public debt.

  • Greek bond yields rose to euro-era highs and fears of contagion to Spain, the key economy, increased amid worries that Athens’ determination to implement its recovery plan was waning

  • The Greek crisis has ratcheted up this week because policymakers and central bankers cannot decide the way forward.

  • It is a mess. Division among the politicians and central bankers is not helping.

  • The problems in Greece could spread to the larger economies

  • Jens Weidmann, Germany’s new Bundesbank president and ECB governing council member, said extending bond maturities in a soft restructuring “would make it imp

  • Spanish regional elections this weekend also created a stir in the markets amid worries that more details might emerge over the amount of debt building up in the country’s municipalities.

  • Fitch cut Athens’ ratings by three notches to B plus, which is four notches below investment grade, and placed the country on rating watch negative.

Posted from Diigo. The rest of my favorite links are here.


Lasă un răspuns

Te rog autentifică-te folosind una dintre aceste metode pentru a publica un comentariu:

Logo WordPress.com

Comentezi folosind contul tău WordPress.com. Dezautentificare /  Schimbă )

Fotografie Google+

Comentezi folosind contul tău Google+. Dezautentificare /  Schimbă )

Poză Twitter

Comentezi folosind contul tău Twitter. Dezautentificare /  Schimbă )

Fotografie Facebook

Comentezi folosind contul tău Facebook. Dezautentificare /  Schimbă )


Conectare la %s