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European Commissioner for Economic and Monetary Affairs

                   

Beam me up quick, Scotty, this sucker is going down

unison.ie
9 hrs ago
        

"Beam me up, Scotty; I'm in trouble down here." Last night's Budget estimates, showing a projected €15bn deficit next year, largely reflect the domestic problems. Investors were reacting to the fact that -- despite US plans to...

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HIGHLIGHTS-Finance ministers, central bankers in Washington (at Reuters)

yahoo.com
18 hrs ago
        

WASHINGTON, Oct 10 (Reuters) - Finance ministers and central bankers from around the globe are in Washington for weekend talks. Below are key quotes from the top finance officials. JEAN-CLAUDE JUNCKER, chairman of the euro...

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EU seeks huge boost to minimum savings guarantee: EUs finance ministers look to up bank deposit...

bigblog.com
22 hrs ago 89 related
        

EU’s finance ministers look to up bank deposit guarantees in the face of bank collapses and financial misfortunes. LUXEMBOURG -- The European Union's finance ministers are set to call for a massive boost to the minimum level of...

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European Leaders Say More Needs to Be Done in Financial Markets

economicnews.ca
19 hrs ago
        

More needs to be done to fight the financial market crisis, European lawmakers said ahead of the G7 meeting in Washington, D.C. on Friday. Joaquin Almunia, European Monetary and Economics Commissioner, said the actions taken...

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Financial crisis sends eurozone economy to brink of recession

xinhuanet.com
yesterday 1 related
        

BRUSSELS, Oct. 9 (Xinhua) -- For the first time, economic growth in the eurozone recorded a quarterly decrease in the three months from April to June this year, figures from the European Union (EU)'s statistics bureau Eurostat...

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IMF 'ready to help' with emergency facility

independent.ie
yesterday 263 related
        

The International Monetary Fund (IMF) said yesterday that it was ready to help countries affected by the raging global credit crunch and had activated an emergency financing mechanism first used in the 1990s Asian crisis.

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The Day Ahead Europe and UK: French and Italian Ind'l Production, French Mfg

economicnews.ca
yesterday
        

The week in Europe ends with a look at the state of industrial production in France and Italy. France will also see the release of manufacturing production data for August. Output in the French industrial sector is expected to...

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All three Icelandic banks now nationalized

b92.net
yesterday 779 related
        

All three banks in Iceland are now under government control. This morning the assets of Kaupthing Bank--the biggest in the country--were seized, just days after Iceland’s two other banks were put into the hands of financial...

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Recession may become central scenario-Almunia

finanznachrichten.de
yesterday
        

MADRID, Oct 9 (Reuters) - Recession may become the central scenario for economic forecasts, Europe's Monetary Affairs Commissioner Joaquin Almunia said on Thursday. 'The risk of recession, unfortunately, might become the...

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DIARY-G7, IMF and World Bank meetings in Washington

finanznachrichten.de
yesterday
        

Finance ministers and central bankers from around the globe are descending on Washington for the annual meetings of the International Monetary Fund and World Bank on Oct. 11-13. IMF Managing Director Dominique Strauss-Kahn...

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