GO
Loading...

European Central Bank

More

  • Greek Swaps 'Dug Up' Because of US Regulatory Battle? Thursday, 18 Feb 2010 | 8:22 AM ET
    The Parthenon in Greece

    Greece's debt swaps came to light because of the battle between big banks and regulators in the US, Gikas A. Hardouvelis, professor of finance at the University of Piraeus and chief economist at Eurobank EFG Group, told CNBC Thursday.

  • China Will Keep Trimming Treasurys: Jim Rogers Thursday, 18 Feb 2010 | 1:41 AM ET
    Treasury Building

    China's move to unload US debt is likely to continue in the long term while the "euro scare" may last a while, legendary investor Jim Rogers told CNBC.com Wednesday.

  • Greek Ex-Minister: Other Euro Countries Did Swaps Too Wednesday, 17 Feb 2010 | 12:02 PM ET
    The Parthenon in Greece

    Greece's 2001 deal to swap some of its debt using currency derivatives was in line with what other euro-zone countries were doing, Yiannos Papantoniou, the country's finance and economy minister when the deal was made, told CNBC.com Wednesday.

  • Goldman's Debt Swaps Are 'Destabilizing': Economist Wednesday, 17 Feb 2010 | 1:04 AM ET

    The EU should thoroughly investigate the case of the debt swaps involving Greece and Goldman Sachs, as these types of operations are destabilizing financial markets, economist Simon Johnson told CNBC.com.

  • As EU Waffles, Greece Boils Down to Credibility Tuesday, 16 Feb 2010 | 8:38 AM ET

    Crisis meeting follows crisis meeting on resolving the debt debacle in Greece, but it seems solutions and even resolutions are hard to find.

  • Who Is Talking Europe Into Crisis? Monday, 15 Feb 2010 | 10:58 AM ET

    Europe, the EU and the euro zone are not on the brink of an abyss. They are simply dealing with the expected problems inside the biggest currency area in the western world. And they will deal with them.

  • EU Wants Greece to Explain Debt Swaps Monday, 15 Feb 2010 | 8:38 AM ET

    The European Commission said Monday that it wants Greece to explain how it used complex financial deals that allegedly made its debt limits look lower.

  • Busch: Chinese Rate Rise=European Frying Friday, 12 Feb 2010 | 10:11 AM ET

    China and the Far East occupy a far different place in the business cycle compared to Europe and the United States. The nascent Chinese exit strategy will be a test case for other nations to follow when the cycle recovers.

  • The EU Has to Rescue Greece Wednesday, 10 Feb 2010 | 11:32 AM ET

    Much as I am sick of bailout nation, and bailout global nation, the European rescue of Greece was probably necessary to stop a total euro currency meltdown that might have triggered a worldwide debt deflation downward spiral.

  • The Global Debt Revolt Tuesday, 9 Feb 2010 | 1:33 PM ET

    I’m trying hard to remain optimistic about economic recovery here in America — and for that matter, around the world.

  • Europe Searches for Way Out Of Its Growing Debt Crisis Tuesday, 9 Feb 2010 | 12:00 PM ET
    Euro bills and coins

    Financial markets are betting heavily that Greece's crushing debt could drag down the entire eurozone, and that could force reluctant EU leaders into an embarrassing bailout.

  • Busch: The Global Debt Dilemma Tuesday, 9 Feb 2010 | 10:41 AM ET

    Apparently, the Greek government has called in the big hitters to help them with their fiscal dilemma.

  • Europe Should Burn the Speculators: Stiglitz Tuesday, 9 Feb 2010 | 7:12 AM ET
    Joseph E. Stiglitz

    Countries like Greece are being "attacked by financial markets" and the European Union should intervene in the stock market to "teach speculators a lesson," according to Nobel Prize winning economist Joseph Stiglitz.

  • Proposed Bank Rules Surprised Many Around the World Monday, 8 Feb 2010 | 2:37 PM ET

    The proposed new banking rules here in the U.S. caught many international bankers off guard and were one of the most prominent topics of discussion at the recent World Economic Forum in Davos.

  • European Central Bank in a Squeeze Monday, 8 Feb 2010 | 5:44 AM ET

    Whether he likes it or not, Jean-Claude Trichet is not just the president of the European Central Bank. Mr. Trichet, 67, is also the de facto president of Europe, at least for the 16 nations that rely on the euro as their common currency.

  • World Financial Leaders Focus on Budget Crises Saturday, 6 Feb 2010 | 9:34 AM ET

    Amid fears that go-it-alone moves such as President Barack Obama's plan to break up big banks will further hamper the fledging economic recovery, finance ministers and central bankers from the Group of Seven major industrial countries meet.

  • Farrell: Dancing the Potomac Two Step Friday, 5 Feb 2010 | 8:37 AM ET

    Why would you ever want to be President? Everyone who comes to the job does so with some vision and dream and quickly has to learn how to dance the dance if anything is to be done. It's harder now than ever with the accumulated debt we have built up.

  • Head Fake, Or More Pain To Come? Thursday, 4 Feb 2010 | 1:23 PM ET

    Catch me if you've heard this one before. A global crisis emerges from some obscure country, and the VIX surges by some mind-boggling amount.

  • Busch: US Crisis Lesson For Europe Thursday, 4 Feb 2010 | 10:57 AM ET

    Case in point, it seems the IMF is the only body that may have the legal capability to assist these countries in their time of need. This reminds me of something, what is it?

  • How Critical Is the Fed’s Independence? Monday, 1 Feb 2010 | 2:22 PM ET
    Ben Bernanke

    There are some who blame the Fed for missing warnings signs leading up to the financial crisis; others have said the Fed caused the crisis with its “easy-money” policies.