Former Greek prime minister George Papandreou has pushed a fiscal and banking union as the solution to Europe’s financial problems.
In mid-2010, the global sector analysts at Union Investment were called to Frankfurt headquarters for a crucial meeting.
La conjecture économique rend la sélection des actions européennes de plus en plus difficile. Pailloux explique pourquoi le secteur de luxe lui intéresse et donne son avis sur la situation politique actuelle.
The departure of Greek prime minister George Papandreou edged closer today, 6 November, even as Goldman Sachs Asset Management head Jim O’Neill said in an interview with UK newspaper The Sunday Telegraph that fiscal integration led by Germany could push more countries out of the eurozone.
In a day of extreme crisis for the eurozone, Greece has reportedly scrapped plans to hold a referendum on austerity measures, and Europe’s central bank made a surprise 0.25% cut to official interest rates.
Christian de Boissieu, chairman of the economic advisory council to the French government and professor at Paris’ Sorbonne university, has accused Greek prime minister Georges Papandreou of putting forward “a trap” by calling for a Greek referendum on austerity measures agreed to as part of its bailout by other Eurozone members last week.
Die Bundeskanzlerin hatte heute Erfolg, als eine große Mehrheit im Bundestag der Erweiterung des Euro-Rettungsfonds EFSF zugestimmt hat.
Germany’s economy minister Philipp Roesler has written in a German newspaper this morning that Berlin is effectively prepared for any orderly default by Greece, saying there could “no longer be any taboos” in discussing stabilising the shared currency.
The Greek parliament has narrowly voted to approve a drastic austerity package despite facing widespread opposition.