Sentences with phrase «european government debt»

I'm not sure this will have much affect on the ongoing European crisis since most of the European government debt is in euros.

Not exact matches

Throughout the instability of the European Union's debt crisis, one thing has remained constant: the Canadian government's refusal to help fund a bailout.

Its European creditors decided on Wednesday to suspend the implementation of short - term debt relief measures after the Greek government announced additional spending on pensions - an action that European partners deemed as «unilateral» and disrespecting the efforts agreed under the country's 86 billion euro ($ 89.75 billion) bailout program.

It won't be easy considering some of the larger events taking place around us: the ever - shifting European debt crisis, Congress» inaction on deficit reduction, and a general government stalemate here at home.

Greece and its European creditors are at an impasse over measures that the Syriza - led government should legislate in order to be granted some debt relief.

On paper, the recommendations for debt relief and reduced austerity «suddenly evaporate when IMF functionaries coalesce with their ECB and the European Commission colleagues in order to impose upon our government their chosen policies,» said Mr Varoufakis.

The tense negotiations over Greece's debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika of lenders — the European Central Bank, European Union and International Monetary Fund — in exchange for releasing the next installment of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.

The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (with few results), called for countries that use the euro to allows two European bailout funds to aid European banks directly, rather than make loans to governments to bail out the banks.

In one paper he co-wrote in the spring of 2002, just months after he joined Goldman Sachs to lead its effort to win investment banking business from European governments, Mr. Draghi argued that governments might use financial derivatives like interest rate swaps «to stabilize tax revenue and avoid the sudden accumulation of debt.»

Last month I spoke with a very prominent European economist and he assured me that although he now agrees (he used strongly to deny it) that China has debt «problem», he believes it can easily be resolved by «socializing» the debt, by which he means transferring it onto the government balance sheet.

We prefer selected subordinated financial debt within European credit and favor high - quality U.S. credit and emerging market debt over government bonds, but credit valuations are elevated across the board.

Not that other leaders would disagree with the need to keep the recovery going, but debt - burdened European governments are on the cutback trail, with harsh austerity measures aimed at putting their fiscal houses in order.

Left unmentioned was any reference to cutting part of the country's still very high debt, a central demand of his government to which the International Monetary Fund is sympathetic, but to which the European Union, especially Germany, is adamantly opposed.

Newly minted Prime Minister Alexis Tsipras campaigned on the promise of seeking a write - down on the country's debt, a «haircut» so to speak, which many European finance and government officials have dismissed as out of the question.

With the Syriza party winning the early Greek election and forming an anti-austerity coalition government, all eyes are on how the new government will manage debt negotiations with the Troika ---- the ECB, European Commission and International Monetary Fund.

It's also interesting to examine the changing significance and dynamics of the European bond market in general, which has almost doubled in size since 2005 to more than $ 10 trillion today, including government, investment - grade corporate debt and high yield.

«Gold ranks higher than all European sovereign debt markets, and trails only US Treasuries and Japanese government bonds.

In May 2010, French President Nicolas Sarkozy took the lead in rounding up $ 120bn ($ 180 billion) from European governments to subsidize Greece's unprogressive tax system that had led its government into debt — which Wall Street banks had helped conceal with Enron - style accounting.

European yields have generally taken their lead from developments in the US over recent months, with yields on German 10 - year government debt also falling toward 4 per cent in mid January, before increasing to 4.2 per cent after the Fed's late January monetary policy announcement.

By the end of January, the Italian government managed to strike a deal with the European Commission (EC), which allowed the country's lenders to offload their poor - quality debt to private investors, along with a government guarantee to protect buyers of bad loans — but which would cover only the safest portions of the loans.

The European Central Bank on Thursday delivered basically what the market expected for QE: 60 billion euros of purchases per month directed at investment - grade - rated government and agency debt and with a total size, considering the contemplated end date by September 2016, of around one trillion euros.

The trouble with Europe is that forty years from now, there won't be enough Europeans to pay the taxes to fund the government debt.

At the time, the European economy was weak, the Kingdom of Spain was burdened with debt, and the excesses of the popular newssheets were giving the Government a headache.

This is how it works: Amid the European economic crisis, you buy up cheap sovereign bonds of government debt, sold at a discount.

Existing prediction systems failed to forecast the global crash of 2008, which led to several governments bailing out their banks and European nations, such as Greece, Portugal, Ireland and Spain, being plunged into a sovereign debt crisis.

We prefer selected subordinated financial debt within European credit and favor high - quality U.S. credit and emerging market debt over government bonds, but credit valuations are elevated across the board.

For Europe, of course, the problem is not only recession risk but the high level of debt to GDP, and rising funding costs and default risk reflected in European government bonds (outside of Germany, which is seen as the safe haven).

This will lead to pressure on European stocks and credits as well as peripheral bonds (e.g. Italian government debt) because of lower growth and job losses.

EUR / USD dropped today on speculations that the Italian populist coalition may seek government debt forgiveness from the European Central Bank, though officials denied such allegations.

A haircut — can refer to the interest differentials charged and paid on Over The Counter (OTC) products like CFDs and Forex, and to reduce debt repayments when there is risk of a total loan default, an example is the huge «haircut» European banks have taken on their loans to the Greek government.

Adding to the government's problems, recently published research revealed that 25 percent of European Union citizens who study in England return to their home country without paying back any of their student debt.

These funds might hold some U.S. bonds in their portfolios, but they focus primarily on foreign government debt, such as bonds issued by European and Asian countries.

In markets for government debt, favoring the a priori safe bet of high - debt - issuer countries, such as the United States, Japan, and developed European nations, can be far riskier to an investor's wealth than interest - rate volatility or credit ratings may suggest.

As such, the European Union includes local government and state debt.

Right now the markets are very worried about the hidden exposure of European banks to Greek government debt.