France, Italy, Spain and Belgium have banned the short-selling of stocks to calm market turmoil aggravated by rumors about Europe’s huge debts. The European Union markets supervisor made the announcement late Thursday after two days of volatile trading caused French bank stocks to rise and fall by huge amounts. The bans on short-selling in the […]
4 EU Countries Ban Short-Selling of Stocks
Posted August 12th, 2011 at 2:40 am (UTC-5)
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4 EU Countries Ban Short-Selling of Stocks
Posted August 11th, 2011 at 8:20 pm (UTC-5)
France, Italy, Spain and Belgium are imposing bans on short-selling of stocks to calm market turmoil aggravated by rumors about Europe’s huge debts. The European Union markets supervisor made the announcement late Thursday after two days of volatile trading caused French bank stocks to rise and fall by huge amounts. The bans on short-selling in […]
4 EU Countries Ban Short-Selling of Stocks
Posted August 11th, 2011 at 7:25 pm (UTC-5)
France, Italy, Spain and Belgium are imposing bans on short-selling of stocks to calm market turmoil aggravated by rumors about Europe’s huge debts. The European Union markets supervisor made the announcement late Thursday after two days of volatile trading caused French bank stocks to rise and fall by huge amounts. The bans on short selling […]
French Market regulator Warns Against Rumors
Posted August 11th, 2011 at 6:10 pm (UTC-5)
France’s market authority has warned that unfounded rumors are unsettling the stock market, causing bank shares to plummet. The AMF securities regulator Thursday announced a ban on short-selling on select stocks and warned of possible penalties for spreading wrong information and profiting from it. Short selling is profiting from bets on the decline in a […]
Merkel, Sarkozy to Meet on Europe’s Debt Crisis
Posted August 11th, 2011 at 2:10 pm (UTC-5)
German Chancellor Angela Merkel and French President Nicolas Sarkozy are planning to meet next week to see if they can craft a plan to contain Europe’s governmental debt contagion and improve financial management in the 17-nation bloc that uses the common euro currency. The leaders of the two countries with Europe’s biggest economies said Thursday […]
European Central Bank to Ease Debt Crisis
Posted August 7th, 2011 at 8:55 pm (UTC-5)
The European Central Bank has announced that it will buy government bonds from Italy and Spain, in an effort to calm market fears about the euro zone debt crisis. In a statement issued Sunday, the bank welcomed plans by Italy and Spain for economic reforms and debt-reducing measures, and it urged their speedy implementation. Central […]
Europe Banking Officials Discuss Debt Crisis
Posted August 7th, 2011 at 1:55 pm (UTC-5)
HEAD: Europe Banking Officials Discuss Debt Crisis DATE: 08/07/11 NUMBER: 1230040 TYPE: CN )) Officials from the European Central Bank are engaged in urgent telephone negotiations over the debt crisis facing both Europe and the United States. They are discussing the possibility of purchasing Italian government bonds in order to shore up that country’s economy […]
Europe Banking Officials Discuss Debt Crisis
Posted August 7th, 2011 at 1:15 pm (UTC-5)
Officials from the European Central Bank are engaged in urgent telephone negotiations over the debt crisis facing both Europe and the United States. They are discussing the possibility of purchasing Italian government bonds in order to shore up that country’s economy and protect the value of the euro, Europe’s common currency. There is also concern […]
Italy Says It Will Balance Its Budget by 2013
Posted August 5th, 2011 at 6:00 pm (UTC-5)
With its borrowing costs sharply increasing, Italy says it will balance its budget by 2013, a year earlier than originally planned. Italian Prime Silvio Berlusconi made the pledge Friday night at a hastily called press conference, saying the government would also seek to win approval for a constitutional amendment requiring it to balance its annual […]
Italy Says It Will Balance Its Budget by 2013
Posted August 5th, 2011 at 3:30 pm (UTC-5)
With its borrowing costs sharply increasing, Italy says it will balance its budget by 2013, a year earlier than originally planned. Italian Prime Silvio Berlusconi made the pledge Friday night at a hastily called press conference, saying the government would also seek to win approval for a constitutional amendment requiring it to balance its annual […]
