Carillion – A Bailout By Any Other Name

At PMQs today, Theresa May’s arguments, like Carillion’s finances, were on the verge of collapse. May insisted that while the government are doing everything they can to contain the Carillion crisis, it’s also completely not their fault and also none of their business. The right honorable gentleman said earlier in one of his questions it […]

Continue Reading...

Germany: CDU MP Willsch explains vote against Greek bailout

Since the beginning, I have basically three reasons for this decision. The first one is that I very precisely remember what we promised the people as the euro was introduced. We then excluded exactly what is happening now: we said that every country has to carry the responsibility for its own household and a mutual […]

Continue Reading...

UFXMarkets *Euro Bailout Fund & Currency Trading News* 23-October-2011

Hi, I’m Nathalie Woods and this is your UFX Markets Week in Review. Today, we will cover some of the major events of the past week and discuss how they impact the global currency markets. European finance ministers met last Friday, followed by a meeting of ministers from all 27 European Union countries on Saturday. […]

Continue Reading...

Greek lawmaker dramatically tears up bailout agreement in parliament

There were angry scenes in the Greek parliament today as measures contained in a bailout deal agreed with the country’s creditors were debated. Greek Prime Minister Alexis Tsipras is facing a revolt from inside his own party on the deal, today losing his deputy finance minister. But it was a member of the extreme far-right […]

Continue Reading...

How a $450 Million Loss Was Made to Disappear

I had seen in the past complex deals, but I’d never seen anything like this. And it involved two of Europe’s leading financial institutions. On the one hand, the world’s oldest bank and Italy’s third largest lender Monte Paschi. And on the other hand, Deutsche Bank, once the world’s largest financial institution. The idea that […]

Continue Reading...

How to Pay Off Debt Fast & Build Your Savings I Americor Debt Relief I New York

Before Americor I had gotten myself into some debt and it really didn’t matter whether or not I paid the monthly payment or I paid you know twice as much or whatever the case may be I really just did not see light at the end of the tunnel. I didn’t know how long it […]

Continue Reading...

Ahead of bailout talks, thousands protest for anti-austerity in Greece, France

Eurozone finance ministers will meet in Brussels later on this Monday… to consider the future of Greece′s bailout program… and ahead of it… thousands poured into the streets of Athens… in anti-austerity protest. Police said the rally outside of the parliament house drew some 20-thousand people. Crowds held up banners reading, “Stop austerity – support […]

Continue Reading...