ECB cuts key rate a quarter point
December 08, 2011
A cut would stimulate an economy that is slowing under the weight of the debt crisis afflicting its banking system. Growth was a mediocre 0.2 percent in the third quarter from...
US bank warns of eurozone breakup' pandemonium'
December 08, 2011
'' Disorderly sovereign defaults and (euro area) exits by all five periphery states... would drag down not just the European banking system, but the north Atlantic financial...
Obituaries in the News
December 15, 2011
As a senator in 1992 - 2000, he authored bills establishing the new Philippine central bank, liberalizing the local banking system, protecting intellectual property rights and...
No resolution on Greek power- sharing talks
November 08, 2011
Without the Oct. 27 deal, which took European leaders months to work out, Greece would go bankrupt, potentially wrecking Europe's banking system and sending the global economy...
Power- sharing talks in Greece drag on
November 11, 2011
Without the deal, which took Europe months to work out, Greece would go bankrupt, potentially wrecking Europe's banking system and sending the global economy back into...
Lithuania nationalizes bank amid fraud probe
November 17, 2011
'' That is why the government took action...to protect depositors and the whole banking system from criminal activity by the shareholders. Lithuanian businessman Raimondas...
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