Posts Tagged ‘firewall’

  • Daily Forex News - EU Firewall Lifeline For Spain

    The EU Firewall – A Lifeline For Spain

    Apr 2, 12 • 4140 Views • Between the lines • Comments Off on The EU Firewall – A Lifeline For Spain

    On the last business day of March, the EU Finance Ministers announced their latest attempts to stave off the eurozone debt crisis by  boosting the eurozone’s firewall to €800 billion ($US1.07 billion) on the same day as the new Spanish government Mariano...

  • Forex Market Commentaries - Turning 80 Billion Into 1 Trillion

    It’s Magic – Turning 80 Billion Euro Into 1 Trillion

    Mar 29, 12 • 6476 Views • Market Commentaries • 1 Comment

    The EU commission, which is warning that euro-zone governments shouldn’t get complacent, also favours a much bigger firewall. It argues one is needed to signal to the market in advance that other euro-zone governments stand ready to backstop our bigger...

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