Latest Breaking News On - Europe banking system - Page 1 : comparemela.com
EZB: Pläne sind Katastrophe für Sparer! Strafzinsen drohen bald allen - Geldanlage
focus.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focus.de Daily Mail and Mail on Sunday newspapers.
Bargeldabschaffung und Strafzins: Pläne der EZB sind Katastrophe für Sparer - Geldanlage
focus.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focus.de Daily Mail and Mail on Sunday newspapers.
this crisis doesn t end sometime soon here. the next stage is if we continue to see a ratcheting up of tensions, what lieutenant u.s. and other western powers do to increase economic sanctions on russia. at this stage a very modest response. you got to believe part of the reason for that about a quarter of europe s gas comes from russia and the europe banking system has led into russia in excess of $130 billion. there is some exposure into the russian economy for europe. the u.s. is in a slightly different position here and it will be interesting to hear if obama starts talking about asset freezes, visa restrictions, and some form of trade sanctions. that s where we go next here but something of a relief rally at the moment in markets as they think that maybe tensions are starting to ease somewhat. back to you. jeff, thanks so much.
volatility. there are worries about a solvency crisis in the europe banking system because of this debt problem that they re having. particularly, portugal, italy, ireland, greece and spain. they re known as the piggs of europe. a lot of european banks, particularly french banks own a lot of bad debt. there were growing concerns that we could have a lehman like moment in europe. you had to that some disappointing statistics we ve seen recently and you have the makings for the fourth week of selling. worst month since march of 2009 for wall street. j.p. morgan chase lowered its forecast. after morgan stanley warned about the recession, what was the reaction there? i think everybody knows that we are again flirting with the possible of a double dip recession. we re getting a lot of market signals that suggest that. as mike seemed to indicate, we have very little adult