Tag Archives: European Financial Stability Facility

RT: Moody’s downgrades France, sets negative outlook

Published: 20 November, 2012, 07 :07 A sign for Moody’s rating agency.(AFP Photo / Emmanuel Dunand) Credit rating heavyweight Moody’s Investors Service has stripped France of its top AAA rating to Aa1 with a negative outlook, sending a warning to President … Continue reading

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German High Court Capitulates to Bankers by Stephen Lendman

Source: SteveLendmanBlog As expected, the Court caved. On September 12, headlines reported it. The Financial Times said “German politicians declared the road clear for the creation of the eurozone’s (500 billion euro) rescue fund after the country’s constitutional court rejected … Continue reading

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Here’s Why Investors Are Already Dubious Of This New European Bank Recapitalization Plan – thanks to H.

No one, it seems, will dare to tell the ‘real’ truth: They’re broke, they’re continuing to kick the can down the road in the hopes they can start a world war, illegally create a one-world government, or some other such … Continue reading

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Europe Goes Bonkers After EU Leaders Agree To Bank Recapitalization Master Plan

My question: Europe is on its own financially, and we have been led to believe they are broke, so where is this money really going to come from? I’m sure there is something I don’t yet understand. Can anyone help … Continue reading

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Here They Come: Ireland Demands Renegotiation Of Its Bailout Terms To Match Spain : )

Zero hedge Sunday, June 10, 2012 Well that didn’t take long. The ink on the #Spailout is not dry yet (well technically there is no ink, because none of the actual details of the Spanish banking system rescue are even remotely known, … Continue reading

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Debt crisis: €100bn bailout could backfire on Spain

Spain’s €100bn bank bailout could backfire on Madrid by destabilising public finances and hampering the country’s access to capital markets, experts have warned. Mr Rajoy admitted that Spain’s economy would deteriorate despite the deal. Photo: Reuters By Louise Armitstead, Chief Business Correspondent The … Continue reading

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Appetiser cost of Greek exit is €155bn for Germany, France: trillions for meat course

By Ambrose Evans-Pritchard Economics The Telegraph, UK Last updated: May 15th, 2012 The Germans must abolish themselves Eric Dor’s team at the IESEG School of Management in Lille has put together a table on the direct costs to Germany and France if … Continue reading

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