European Central Bank

Il Sole 24 Ore Radiocor - Wall Street goes straight into the final, with the Dow Jones slips below 10 thousand points yielding as much as 9% before recovering after a -6.2%. They weigh the crisis in Greece and the fear that the aid package will not be sufficient to resolve the long term, [...]

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Failure Greece: implications

Germany and France do not have any convenience to be at the window as the financial crisis threatens to send the default in Greece. The German banking system is in fact in direct debt of the PIIGS (the acronym - offensive - indicates that Portugal, Italy, Ireland, Greece and Spain, the eurozone countries most at risk) for [...]

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Last Thursday the European Central Bank (ECB) has cut rates by a quarter point, bringing it to new record low of 1%. A decision justified by the current deep recession and that inflation will remain well below the target level of 2% in 2009-2010 (and negative in summer months). Tags: European Central Bank, [...]

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Mortgages and Savings

What happens with this drop in rates? The European Central Bank prepares to cut for the seventh consecutive time the cost of money to bring it to 1%. But what have been and what will be the effect of this maneuver on savers? While reducing the rates represents a breath of oxygen for the [...]

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S & P MIB to levels 13 years ago

Another black day for European markets, which have reached new lows canceling bounce Wednesday, which had appeared early on as a classic bear market rally. To freeze the markets - as well as the non-announcement by Prime Minister Wen Jiabao of increased aid plan to the economy [...]

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The ECB President Jean Claude Trichet during a hearing in the economic and financial committee of the European Parliament Bruxellesha warned, and unimportance is that the risk of inflation remains high, warning especially on wages. Tags: European Central Bank, EU Commission, Dell, Financial, Financial, Inflation, Jean Claude Trichet, oil, wages, interest rates, euro area

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ABI is the last monthly report notes that the rates charged by banhe for purchase of the home mortgages fell slightly in October compared to the record, are in fact now be at 5.67% against 5.71% for the top the previous month. The trend in rates, since September 2001 Tags: European Central Bank, Crisis, Dell, Euribor, Federal [...]

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Eurozone, interest rate unchanged at 4%

The ECB confirms that the rate of cost of money in the Eurozone remains at 4%. Markets had expected this decision also to stop the turmoil triggered by the mortgage crisis which broke out in August overseas. That is why the line taken by the ECB is cautious and therefore the rate of cost of money Tags: [...]

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IMF: Italy slow recovery despite revenue ok

The International Monetary Fund points out that the stability pact countries dell'Eurolandia "who have not yet reached their medium-term objectives are required to make adjustments of at least half a percentage point of GDP a year." But the goal " seems unlikely to be achieved in some countries, including France and the Itala, where the government has [...]

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ECB interest rates still at 4%

Confirmed the detention of the reference frame rate of the eurozone to 4%, thanks to the ECB's decision immetere 42.24 billion euros in order to ease tensions on the interbank market, Tags: European Central Bank, Crisis, Dell, Mortgages, Loans Subprime, USA

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ECB, perhaps the rise in the cost of money

Jean-Claude Trichet announced curbs on the already rising cost of money after the crisis in U.S. subprime mortgages at high risk Tags: European Central Bank, Crisis, Dell, Inflation, Mortgages

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ECB: "Respect the goals of rehabilitation"

In the July Bulletin of the European Central Bank "expresses concern about the pressures in different countries to loosen the objectives of fiscal consolidation previously established" Tags: European Central Bank, budget, public accounts, Dell, Inflation, Oil, Wages

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GDP growth in content upward in 2006 to 1, 5% from the previous estimate of 1, 3%, but with a probable new deceleration 1, 2% next year, before rising to the 1, 7 % in 2010 to 2% inflation rate, budget deficit declined from about 4% today to 2.8% of GDP in 2007, with a corrective action from 35 [...]

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FRANKFURT - The Council of the ECB has raised euro area interest rates a quarter point from 3.25% to 3.50%, as widely expected by markets and analysts. The last intervention on rates dates back to October 5, and saw a similar increase of 0.25%, while there was a pause in the [...]

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Is perhaps only one episode: the currency markets - these days it is repeated ad nauseam - exalt movements when the exchanges are limited. A bridge across the United States and Japan, along with some technical matter, the euro has led to almost $ 1.32 a share, the highest since April 2005. [...]

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