Tag: sovereign-debt

• Saturday, October 29th 2011 - 03:24 UTC

  Trichet warns Euro crisis ‘isn’t over’; calls for precise, quick enforcement of deal

  

  European Central Bank President Jean-Claude Trichet said in an interview in a German newspaper to be published on Sunday that the Euro zone sovereign debt crisis was not yet over and that it was too early for the all-clear signal.

• Wednesday, October 19th 2011 - 06:55 UTC

  Spain’s leading banker says “obligatory” recapitalization could further weaken banking system

  

  Spain’s Banco Santander SA Chairman Emilio Botin warned of the risks of an “obligatory, indiscriminate” recapitalization of European banks without a final resolution of the sovereign debt crisis.

• Tuesday, January 11th 2011 - 21:48 UTC

  Japan committed to stabilize the Euro and ensure growth in EU bilateral trade

  

  Japan is prepared to purchase over 20% of bonds that Euro-zone countries will be jointly issuing with the purpose of defusing tension and propping confidence in the Euro given the presistence of the European sovereign debt crisis, Finance Minister Yoshihiko Noda said on Tuesday in Tokyo.

• Friday, December 3rd 2010 - 06:13 UTC

  IMF prepares for crisis scenario: plans to double lending capacity to 450 billion

  

  IMF expects to double its lending capacity to 450 billion US dollars over the next few months, giving it additional firepower to deal with the sovereign-debt crisis engulfing Europe, according to IMF officials and documents.