ECB poised to aid Spain as PM sets out austerity pain
- Europe laughs at us, and Enda writes letters. // Daily Mail;6/12/2012, p43
WHILE the Greeks, who won't accept austerity measures, get a substantial write-down on their sovereign debt courtesy of the ECB bailout package, and Spain has been given an ECB helping hand to sort out its disastrous banking crisis, Ireland - who has accepted everything that comes out of Europe...
- The Eurozone Crisis: Shredding the Post-war Bargain. Epstein, Gerald // New Labor Forum (Sage Publications Inc.);May2014, Vol. 23 Issue 2, p95
The article reflects on the European Debt Crisis as well as its impact on the labor force. Topics discussed include the European Central Bank's (ECB) inflation control policies, drawbacks of austerity policies, and unemployment in countries like Greece, Portugal and Spain. It also reflects that...
- Clinton's pilot offers cut-price jets to rich. Simon Watkins // Mail on Sunday;2/24/2013, p72
AN AMERICAN private jet group is poised to set up in Europe, selling austerity-minded millionaires private aircraft at half their normal price.
- ECB Downplays Buying Terms. Investor's Business Daily // Investors Business Daily;10/5/2012, pA01
4.ï¿½ ï¿½Countries that seek European Central Bank bond-buying aid need not face "punitive" conditions, ECB Pres. Mario Draghi said, as Spain continues to drag its feet on seeking a sovereign bailout. He also ruled out debt-maturity extensions for Greece. Reuters said eurozone leaders are...
- Spain given more time to cut deficit. // Evening Standard;5/30/2012, p2
STRUGGLING Spain has been given an extra year to cut its deficit in a move set to cause controversy among other eurozone nations such as Ireland and Portugal forced into painful austerity measures in return for huge bailouts. The move came as share prices fell across the continent.
- Spain PM: No aid needed, yet. Investor's Business Daily // Investors Business Daily;12/31/2012, pA02
The indebted country doesn't need to seek help now from the European Central Bank's bond-buying program, PM Mariano Rajoy said. But he didn't rule out a future request. Spain has been able to delay asking for help because the expectation of ECB purchases has cut Madrid's borrowing costs. Rajoy...
- Greece, Creditors Start Talks. Investor's Business Daily // Investors Business Daily;2/17/2015, pA01
6 Athens promised to do "whatever we can" to quickly hammer out a deal to extend its 240-bil-euro bailout as negotiations began between the Greek government and international creditors. Greek stocks and bonds rose strongly after PM Alexis Tsipras agreed to send aides to talk with EU, ECB and IMF...
- Spain PM Mariano Rajoy. Investor's Business Daily // Investors Business Daily;4/ 4/2013, pA02
Spain PM Mariano Rajoy urged Europe to pursue growth policies along with austerity. "Countries that can afford should spend more" â€” a not-so-veiled demand for Germany to step up outlays.
- Economic Structure and Context: Monetary System. // Spain Country Monitor;Jan2012, p23
The article offers information on the economic structure and context of the monetary system of Spain which has been set by the European Central Bank (ECB) since the adoption of the euro in 1999. It notes that fluctuations in the euro exchange rate are smoothened by the intervention of the ECB in...
- Mendacious. Stephen Glover // Daily Mail;10/15/2015, p14
Austerity? What austerity? I don't at all deny that some areas of government are going to feel the pinch - as they must if health and defence spending and debt repayments and international aid are set to grow.