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- Rules of the road discussed- Flaherty
- Greece FinMin: Growth Rate Has No Bearing On European Recov
- No intervention protest from Geithner: Noda
- ECB’s Trichet: Very, Very Hostile To Any Kind Of Currency War
- Greek Finmin: Greek Banks Have Left the Worst Behind
- Greece FinMin: ‘Quite Confident’ Of Living W/O Aid In 2-3 Yrs
- ECB tightens up collateral rules
- A sure sign that emerging economies are maturing…
- That’s what he said…
- Fiscal window closed; over to you Merv!
| Rules of the road discussed- Flaherty Posted: Canada has the helm of the G7 this year (thus the summit above the Arctic Circle in February...) , so FinMin Flaherty is the de facto spokesman of the group.He says the meetings sought to layout rules of the road for matters like intervention. The guidelines should cover what circumstances justify ...    |
| Greece FinMin: Growth Rate Has No Bearing On European Recov Posted: By Todd Buell WASHINGTON (MNI) - The pace of domestic growth in Greece will have no repercussions on the European recovery, Greek Finance Minister George Papaconstantinou told Market News International Saturday. The minister does not see contagion risks on the rest of Europe from a ...  |
| No intervention protest from Geithner: Noda Posted: According the FinMin Noda, Treasury Secretary Geithner did not protest Japan's recent intervention  |
| ECB’s Trichet: Very, Very Hostile To Any Kind Of Currency War Posted: By Johanna Treeck WASHINGTON (MNI) - The European Central Bank opposes any kind of currency war and is confident the international community can work together constructively to address recent exchange rate volatility, ECB President Jean-Claude Trichet said Saturday. "I don't qualify ...  |
| Greek Finmin: Greek Banks Have Left the Worst Behind Posted: By Johanna Treeck WASHINGTON (MNI) - The Greek banking system has left the worst behind, Greek Finance Minister George Papaconstantinou said Saturday. "Recent moves by Greek banks show that we do have a banking system that is coming out of its worst period," Papaconstantinou ...  |
| Greece FinMin: ‘Quite Confident’ Of Living W/O Aid In 2-3 Yrs Posted: By Todd Buell WASHINGTON (MNI) - Greek Finance Minister George Papaconstantinou is "quite confident" that his country can get back to living on its own within the next two to three years, he told reporters Saturday. Asked how confident he is ...  |
| ECB tightens up collateral rules Posted: During the worst of the global financial crisis banks could use a half-eaten ham sandwich for collateral with the ECB and JCT and friends would open the spigots. The ECB announced stricter rules on Saturday, a modest step toward tightening the endless flow of liquidity to Europe's weaker banks.  |
| A sure sign that emerging economies are maturing… Posted: Brazilians and Chinese are piling up consumer debts. Welcome to the big time, folks... Rising consumer debt is a welcome sign that domestic consumption is on the rise, a good sign for the global economy as that should help reduce trade surpluses in those and other developing economies as they consume more ...  |
| Posted: Noda says the G7 agrees that excessive forex moves are undesirable. Let's see what other ministers have to say, if anything.  |
| Fiscal window closed; over to you Merv! Posted: The UK government has firmly closed the window on fiscal stimulus. But it thinks it would be peachy if the BOE eased more...  |
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