The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ Europe ’

Martin Wolf on Europe: A Step in the Right Direction

By
Martin Wolf on Europe: A Step in the Right Direction

Martin Wolf has been a consistent critic of eurozone policymakers … From Martin Wolf at the Financial Times: A Step At Last in the Right Direction and here at CNBC. The 19th crisis summit was better than many of its disappointing predecessors. But the game has not yet changed. Helpful steps were taken. Wolf...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Europe: Sarkozy calls on ECB to support growth

By
Europe: Sarkozy calls on ECB to support growth

From the Financial Times: Sarkozy breaks silence over ECB role “Europe must purge its debts, it has no choice. But between deflation and growth, it has no more choice. If Europe chooses deflation it will die. We, the French, will open the debate on the role of the central bank in the support of...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Europe Friday: Over promise, Under Deliver Again?

By
Europe Friday: Over promise, Under Deliver Again?

The ECB disappointed today, and the EU will probably under deliver again tomorrow. The following is no surprise – no one expected all 27 countries to agree, just the 17 eurozone countries plus a few more … From CNBC: EU Fails to Agree on Treaty Change Among 27 States: Diplomats The European Union failed...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Europe Update: Prepare to be underwhelmed

By
Europe Update: Prepare to be underwhelmed

A few articles ahead of the meeting this weekend … From the Financial Times: Eurozone leaders meet in Frankfurt France’s president Nicolas Sarkozy flew to Frankfurt on Wednesday night for an emergency meeting with leading players in the eurozone crisis including German chancellor Angela Merkel, as Franco-German differences bedevilled attempts to agree a comprehensive...
Read more »

Tags: , , ,
Posted in Mortgage Brokers | No Comments »

Europe, again …

By
Europe, again …

Another day, same Europe. • From Bloomberg: Fitch Cuts Spain, Italy Credit Ratings; Outlooks Negative Spain had its foreign and local currency long-term issuer default ratings cut to AA- from AA+, while Italy had the same set of ratings to A+ from AA-, the company said in statements today. The outlook for both countries...
Read more »

Tags:
Posted in Mortgage Brokers | No Comments »

Europe Update

By
Europe Update

The Euro zone summit meeting originally planned for Friday has apparently been delayed – probably until next week or until an agreement can be announced. Meanwhile the bank stress test results will be released on Friday, and there is already disagreement about the results. • From Reuters: Euro zone leaders summit on Greece seen...
Read more »

Tags: ,
Posted in Mortgage Brokers | No Comments »

Europe Update: Ireland Downgraded, Greece to default?

By
Europe Update: Ireland Downgraded, Greece to default?

• Possible Greece default. From Bloomberg: Greece May Need Debt Restructuring, Schaeuble Tells Die Welt German Finance Minister Wolfgang Schaeuble said Greece may have to seek debt restructuring if an audit in June questions its ability to pay creditors, Die Welt reported, citing an interview. Greece would have to negotiate to ease its debt...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Europe Update: Portugal

By
Europe Update: Portugal

This might be an interesting week … From Marcus Walker at the WSJ: Portugal’s Test of Debt Market Looms This Week Portugal hopes to raise new funds in a bond auction on Wednesday … European Union governments including Germany and France have for weeks been urging Portugal to apply for rescue loans from the...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

Two Updates: Tax Legislation and Europe

By
Two Updates: Tax Legislation and Europe

• Tax Legislation If you are bored, here is the C-Span Link for the Senate vote. From the Senate rules: “Under the cloture rule (Rule XXII), the Senate may limit consideration of a pending matter to 30 additional hours, but only by vote of three-fifths of the full Senate, normally 60 votes.” Most estimates...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

Sitemap Madbadcat Graphics