Topic: Lorenzo Bini Smaghi

U.S. economy hopes lift European stocks

LONDON (Reuters) - A better outlook for the U.S. economy boosted European stocks and supported the euro on Friday, but any gains in the holiday-thinned markets are likely to prove short-lived with concerns about the euro zone debt crisis undiminished.U.S ...

Analysis: Baltic experiment has lessons for euro zone

LONDON (Reuters) - In their battle to bolster state finances and avoid sovereign defaults, euro zone policymakers may do well to examine the efforts of tiny neighbor Lithuania to reform state-owned enterprises.The Baltic economy's drive to squeeze higher returns from state ...

Berlusconi repeats expects Bini Smaghi to quit ECB post

ROME (Reuters) - Italian Prime Minister Silvio Berlusconi repeated on Friday that he expected European Central Bank executive board member Lorenzo Bini Smaghi to step down and make way for a French candidate.Bini Smaghi's refusal to leave his post following the ...

ECB's Bini Smaghi: Crisis firepower must reflect risks

FRANKFURT (Reuters) - It would be easier to deal with the euro zone debt crisis if more firepower was available, European Central Bank Executive Board member Lorenzo Bini Smaghi said, calling for a backstop relative to the severity of the current troubles.Bini ...

ECB's Bini Smaghi favours EFSF debt buybacks

ATHENS (Reuters) - Allowing the EFSF bailout mechanism to buy back bonds from the secondary market would help deal with Europe's debt crisis, European Central Bank Executive Board member Lorenzo Bini Smaghi told a Greek newspaper.Euro zone policymakers are exploring ways ...
The EU on Friday appointed Italy's Mario Draghi the next European Central Bank president after France won a bid to keep a seat on the board of the key player in the debilitating eurozone debt crisis.EU president Herman Van Rompuy ...
The nomination of Italy's Mario Draghi at the helm of the European Central Bank was postponed from Thursday to Friday by European Union leaders and still needs to overcome objections from France."This was not discussed ... we will discuss this tomorrow ...
Posted on 06/06/11 at 9:46am by Luci Morland . No matter how you look at the Greece situation, taxpayers in Europe are pretty screwed. If they use...

Euro (FXE) Moves Higher After...

Posted on 03/30/11 at 5:17pm by Armen Mirzoyan . The Euro (EUR) recovered from intra-day lows against the US Dollar (USD ) after the European...

Is the Ireland ETF in Trouble?

These days the only green in Ireland seems to be in the rolling country hillsides. The Emerald Isle has become the latest trouble zone in the ...