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- France Finmin Lagarde: Could Be Ready May10 To Fund Greece
- ECB’s Noyer:Euro To Remain Strong;Greece Crisis Won’t Spread
- ECB Trichet:Some Positive Indicators Lately But Still Prudent
- ECB Trichet: Sounds Fiscal Management Essential For EMU Govts
- France FinMin Lagarde:Econ Recov To Pressure Commodity Markets
- IMF/WB Committed to Sustainable Developing Country Econs
- France Finmin Lagarde:Shld Tax All Fin Institns,Not Just Banks
- Geithner: World Recovering But Some Nations Need Do More
- US Tsy Text: Geithner: Recov Pace Uneven, Much to Be Done
- G20:Where Needed,Maintain Policy Support Til Recov Entrenched
- Text: Communique of G-20 Framework For Growth – April Meeting
- Text:Communique of G-20 Finance Ministers,Cent Bank Governors
- N.American Wrap: Euro bounces back
- Latest from Cititechs – USD/CAD
- BudgetRecap:As Senate Panel Oks Plan, Experts Fear Fisc Future
- German FinMin: Euro is stable currency and “We will defend it”
- EUR/USD extends rally, but what’s that snaffling sound in the undergrowth?
- EU’s Barroso: Portugal’s situation serious, but different from Greece for various reasons
- G20 communique will not endorse idea of global bank levy – G20 official
- France’s Lagarde: Plan to help Greece aims to restabilise euro
| France Finmin Lagarde: Could Be Ready May10 To Fund Greece Posted: By Yali N'Diaye WASHINGTON (MNI) - France could be ready May 10 to contribute its financial share to the Greek rescue package should the parliament and the Senate agree on the French portion of the proposed financial package for Greece, France Finance Minister Christine Lagarde said ... |
| ECB’s Noyer:Euro To Remain Strong;Greece Crisis Won’t Spread Posted: By Yali N'Diaye WASHINGTON (MNI) - The Greek crisis that has led to the negotiation of a financial support package will not spread to other euro zone countries and the developments won't weaken the single currency, European Central Bank Governing Council Member Christian Noyer said Friday. ... |
| ECB Trichet:Some Positive Indicators Lately But Still Prudent Posted: By David Barwick WASHINGTON (MNI) - There have lately been some positive data from the Eurozone but caution remains appropriate, European Central Bank President Jean-Claude Trichet said late Friday. Speaking alongside Spanish Finance Minister Elena Salgado and EU Commissioner for Economic ... |
| ECB Trichet: Sounds Fiscal Management Essential For EMU Govts Posted: FRANKFURT (MNI) - Sustainable and credible fiscal policy is "essential" for all governments in the Eurozone in order to maintain confidence, European Central Bank President Jean Claude Trichet said in an interview published Saturday. Europe must actively pursue structural ... |
| France FinMin Lagarde:Econ Recov To Pressure Commodity Markets Posted: By Yali N'Diaye WASHINGTON (MNI) - France Finance Minister Christine Lagarde Friday predicted that as the recovery progresses -- which is a desirable outcome -- both commodity prices and markets will face pressures. As a result, commodity markets should be ... |
| IMF/WB Committed to Sustainable Developing Country Econs Posted: By Hanane Oudrhiri WASHINGTON (MNI) - Emerging countries maintaining stable growth will be favored for the $17 billion zero-interest loans that the IMF and the World Bank are committed supplying developing countries by 2014, Murilo Portugal, IMF Deputy Managing Director, said Friday. ... |
| France Finmin Lagarde:Shld Tax All Fin Institns,Not Just Banks Posted: By Yali N'Diaye WASHINGTON (MNI) - France favors a taxation system that targets not just banks but all financial institutions that could pose a systemic risk to the economy, Finance Minister Christine Lagarde said Friday. "I am convinced we need such ... |
| Geithner: World Recovering But Some Nations Need Do More Posted: --Up to China, But 'In Their Interest' To Adopt Mkt-Oriented FX By Steven K. Beckner and Heather Scott WASHINGTON (MNI) - Treasury Secretary Timothy Geithner Friday said that, although the global economy is recovering and the financial system is "healing," much more needs to be done to ... |
| US Tsy Text: Geithner: Recov Pace Uneven, Much to Be Done Posted: WASHINGTON (MNI) - The following is the statement by Treasury Secretary Tim Geithner issued Friday evening after the conclusion of the Group of 20 meeting: Good afternoon. A year ago, trade was plunging by more than ... |
| G20:Where Needed,Maintain Policy Support Til Recov Entrenched Posted: By Steven K. Beckner WASHINGTON (MNI) - Group of 20 policymakers Friday declared that, although the global recovery has proven stronger than expected, some unspecified countries should continue to stimulate their economies. The G-20, in a communique, said that all nations ... |
| Text: Communique of G-20 Framework For Growth – April Meeting Posted: WASHINGTON (MNI) - The following is the text of the G-20 framework for growth released Friday in connection with the communique following their April meeting: The G-20 Framework for Strong, Sustainable and Balanced Growth The primary ... |
| Text:Communique of G-20 Finance Ministers,Cent Bank Governors Posted: WASHINGTON (MNI) - The following is the text of communique of the April meeting of the Group of 20 Finance Ministers and Central Bank Governors released Friday: 1. We, the G20 Finance Ministers and Central Bank Governors, met in Washington ... |
| N.American Wrap: Euro bounces back Posted: Greek FinMin: Need to trigger aid arose after deficit revision, Moody's downgrade. Aid request removes uncertainty in markets over Greece's funding. First tranche of money to be available before May 19 German FinMin: Germany is ready, on basis of Greece facing last resort, to make our contribution Later more comments from German ... |
| Latest from Cititechs – USD/CAD Posted: Recommendation from Cititechs. Short at 1.0018 with stop at 1.0225, target re-test of 2007 low around .9050. |
| BudgetRecap:As Senate Panel Oks Plan, Experts Fear Fisc Future Posted: --Senate Budget Panel Approves Democratic Budget On Party Line Vote --Senate Budget Chairman: Plan Would Cut Deficits To 3% of GDP in 2015 --But Leading Republican On Panel Says Dem Plan 'Doesn't Do Much' --New Fiscal Paper Says American Fiscal Crisis Is Becoming More Likely By John Shaw WASHINGTON (MNI) ... |
| German FinMin: Euro is stable currency and “We will defend it” Posted: Grrrrrrrrrrrrrrrrrrrrr. That will have accounted for the latest push to session high 1.3400. We sit presently at 1.3390. Euro will be defended and "we will win" "If we make it clear that stability must be fulfilled and we stick together, speculation won't be so strong in future" Oh, I'm welling up. The emotion of it just ... |
| EUR/USD extends rally, but what’s that snaffling sound in the undergrowth? Posted: EUR/USD has rallied up to 1.3382, but there's talk of a Giant Panda sniffing around. Will the beast take a chomp out of the market? Will we reach stops just north of present level? All will be revealed in the very near future. Stay tuned..... OK, hearing talk China has an interest ... |
| EU’s Barroso: Portugal’s situation serious, but different from Greece for various reasons Posted: Important that Portugal correct imbalances Portugal has conditions to face current problems Priority now is Greek aid adjustment programme, which is complex process. Greece aid is a multi-year programme |
| G20 communique will not endorse idea of global bank levy – G20 official Posted: Will say global outlook is more positive, but stress need for "elaboration of credible exit strategies" Not expected to mention Chinese currency explicity Not sure yet whether final communique will mention Greece There are real risks associated with multi-speed recovery Unaware of any G20 country outside 3 Europeans which favour imposing global bank levy Seeing ... |
| France’s Lagarde: Plan to help Greece aims to restabilise euro Posted: EUR/USD sits doing little, presently at 1.3365. |
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