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Tag Archives: Euro-crisis

ECB’s Mario Draghi Saves the Euro with Bond-Buying Plan

Ufff! The euro is saved. And together with euro, we, debt-ridden European Southerners, are save too. Head of European Central Bank, Mario Draghi announced on Thursday, that the ECD will buy bonds of countries in debt crisis until they recover. Draghi’s decision comes despite Germany’s objections fearing that member states …

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Open Letter to Mario Draghi (ECB): Difficult to Save the Euro, When…

Head of European Central Bank, Mario Draghi, is expected to announce some measures to save the euro. While the markets anticipate to hear the news, normal citizens and taxpayers of the European Union and the euro zone try to figure out what’s the importance of Draghi’s intervention and how these will affect …

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US-Treasury Ass. Secretary Collyns Met Greek Finance Minister Stournaras in Athens

 US-Treasury’s Assistant Secretary for International Finance Charles Collyns had a meeting with Greek Finance Minister Yiannis Stournaras in Athens on Wednesday morning. According to Greek media, Charles Collyns expressed the support of US-Finance Secretary Tomothy Geithner to Greece and his confidence to Greek efforts. Furthermore Collyns expressed the concerns of …

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EU, ECB Have a “Master Plan” to Save Euro Zone

 The four Musketeers, Barroso (EC), van Rompuy (EC), Juncker (Eurogroup)and Draghi (ECB) are reportedly working on a …secret plan to save the euro zone from the crisis. The ambition plan that will be implemented first to EZ member countries foresees among others more EU control over national budgets, a “bank union”,  …

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EU Commission Predictions: Greece Recession -4.7%; Rest of EZ-South Does Not Feel Better Either…

I think it’s high time for European bureaucrats to take a deep, passionate look into the euro zone countries realities and thoroughly review their economic strategies. In its 2012 forecast report about growth within the EZ, the European Commission announced the griming predictions for the EZ in general and the European South in …

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First European Rating Agency on the Way

Standard & Poor’s, Moody’s and all the other kids, that is the American rating agencies are about to get a European rival. German corporate consulting firm Roland Berger developed a plan to challenge the dominance of American firms that have thrown quite some euro zone member countries into deep red by …

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Spain: 24.4 % Unemployment in Historic Levels

Europeans in times of crisis. Of €uro Crisis. Of Debt Crisis. Of Survival Crisis. 1.7 million Spanish householda are without no income at all. Time to look right next to us and show solidarity. Then there are always real people with real destinies behind the figures. Show compassion, even if there …

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Ex-PM Simitis: “Greece did not Cause the Euro Crisis” – Greek Recession at -18%?

 “My country was the spark, but it merely exposed the inherent flaws within the eurozone. ” The Greek prime minister who took the country into the euro zone Costas Simitis published an article at the British The Guardian. He speaks about deficits and successful measures, but blames the the European Union for failing to …

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Verhofstadt Rubbished V. Rompuy’s Claims, the Economic Crisis was Over

Leader of Belgian party ALDE,  Guy Verhofstadt has rubbished claims that the economic crisis is “over”.  Speaking in Strasbourg on Wednesday, the Belgian deputy ridiculed recent suggestions by his compatriot, European council president Herman Van Rompuy that Europe’s ailing economy was now over the worst. Verhofstadt’s remarks came on the …

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Dutch Boy Finds the Solution to Euro-Pizza Debt Crisis

  A 10 year old boy from the Netherlands won 100 euro for submitting a plan to solve the Greek debt crisis.  UK’s  daily The Telegraph reported that the boy, Jurre Hermans, stole the limelight from some of Europe’s tope economists with a eurozone breakup plan involving pizza slices and pancakes. Debt …

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