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Posts Tagged ‘ European ’

European Leaders: Austerity alone not answer

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European Leaders: Austerity alone not answer

The European Union leaders meet in Brussels tomorrow and there is a growing recognition that austerity alone will not work. From the NY Times: E.U. Leaders Set to Admit Austerity Is Not Enough European leaders are expected to conclude this week that what the debt-laden, sclerotic countries of the Continent need are a dose...
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Report on Greece: European Commission said “good progress” was made

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Report on Greece: European Commission said “good progress” was made

From the Financial Times: Troika makes ‘good progress’ on Greek deal The European Commission said “good progress” was made in a teleconference between Athens and negotiators … The full mission is expected to come back to Athens early next week to resume the review … excerpt with permission There will be more details tomorrow,...
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European Stress Tests and Bond Spreads

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European Stress Tests and Bond Spreads

Tomorrow the Committee of European Banking Supervisors (CEBS) will release the stress test results for 91 European Banks. The results will be released at 6:00 PM CEST (Central European Summer Time). That would be noon ET, although a few reports have suggested earlier release times (perhaps time conversion problems – something I’m familiar with)....
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