BRUSSELS – (AP) Britain’s plans to wind up mortgage lender Bradford & Bingley and restructure Dunfermline Building Society won European Union approval on Monday, the final hurdle for the last of a raft of British bank bailouts. Britain has pledged 18.6 billion pounds to comp
Also tagged and-restructure, approval-on-monday, bradford, britain, british, building-society, has-pledged, hurdle-for, last, monday, mortgage-lender, society, the-finalAP – Greece and other euro-zone countries with excessive budget deficits must do everything they can to put their finances in order, the president of the European Central Bank said in an interview published Saturday. Visit link: ECB president: Greece must put finances in order (AP)
Also tagged budget-deficits-, ecb, euro-zone-countries, greece, interview-published, must-put, with-excessiveReuters GLOBAL MARKETS: European Stocks Lower; Banks Weigh Wall Street Journal LONDON (Dow Jones)–European stocks posted moderate losses Friday, led lower by banks after US President Barack Obama proposed stricter regulations on the sector. Obama’s plan, which still needs to be vetted by … Futures point to higher Wall …
Also tagged a-proposed-stricter, banks-after, banks-weigh, european-stocks, friday, lower, stocks-posted, the-sector, wall, which-stillThe dollar firmed against rival currencies Wednesday as investors await reports on retail sales and the job market, as well as a policy statement from the European Central Bank. Continue reading here: Dollar rises ahead of economic reports
Also tagged bank, bank-continue, dollar, dollar-firmed, european-central, from-the-european, job-market, reading-here, reports-on-retail, retail-sales, wednesday, wednesday-as-investorsBRUSSELS – (AP) European Union regulators said Tuesday that they would allow Austria a (EURO)550 million capital injection and a (EURO)400 million loan guarantee to lender BAWAG. They said their approval was limited to six months and that Austria has to draw up a restructuring plan wi
Also tagged 400-million, 550-million, approval, austria, bankruptcy law center, bawag, capital-injection, euro, european-union, loan-guarantee, regulators-said-, said-their, six-months-, tuesdayBritain had worried that it would be forced to participate in bank bailouts, but a deal gives every nation a veto over European Union decisions. Link: Compromise With Britain Paves Way to Finance Rules in Europe
Also tagged a-deal-gives, a-veto-over, bank-bailouts, britain, britain-paves, compromise, deal-gives, europe, european-union, finance, finance-rules, had-worried, veto-overNANJING, China (Reuters) – The euro zone does not risk the sort of debt problems plaguing Dubai, senior European Union officials said on Sunday. Read more: Euro zone sees no default spillover from Dubai woes
Also tagged china, debt-problems, default-spillover, does-not, dubai, euro-zone, european-union, officials-said, risk-the, risk-the-sort, sort, sunday, zone-seesTimes Online Sarkozy Wins Bid to Install Ally as EU Financial-Services Chief Bloomberg Nov. 27 (Bloomberg) — French President Nicolas Sarkozy won his bid to install an ally as the European Commission’s next financial-services regulator, fueling British concern that traders and hedge funds will face stricter rules Excerpt from: Sarkozy Wins …
Also tagged ally-as-the, bloomberg-nov-, british, financial, french, hedge-funds, install-, install-ally, nicolas, sarkozy, sarkozy-wins, services-chief, stricter-rules, times-onlineMarkets in Europe were flat after a sell-off in Asia sparked by news that Dubai’s main investment vehicle was seeking to suspend debt repayments. See original here: European Markets Mixed After Sharp Drop in Asia
Also tagged europe, european-markets, main-investment, mixed, mixed-after, original-here, sharp, sharp-drop, were-flat-Markets in Europe were flat after a sell-off in Asia sparked by news that Dubai’s main investment vehicle was seeking to suspend debt repayments. See original here: European Markets Mixed After Sharp Drop in Asia
Also tagged dubai, europe, european-markets, main-investment, mixed, mixed-after, original-here, sharp, sharp-drop, suspend-debt, were-flat-