Sentences with phrase «eurozone country which»

Not exact matches

But a strange showdown is shaping up between the eurozone's powers, which can not and will not extend unconditional aid, and a country ravaged by austerity with little appetite for more.

The yield on Greece's three - year bond, which has surged from 4 % to 13.5 % since October, is now reflecting serious expectations that the country may end up outside of the Eurozone and unable to repay its euro - denominated debts.

And for Greece's own wealthier classes, the EU loan package would enable the country to remain within the Eurozone long enough to permit them to move their money out of the country before the point arrived at which Greece would be forced to replace the euro with the drachma and devalue it.

Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the European Central Bank would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.

I think countries within the eurozone also should lift some of their controls to allow their economies to be freer, which would encourage growth, because Europe doesn't have a high - growth potential at the moment.

And lastly, we should also remember that the ECB is the proud owner of close to $ 250 billion worth of sovereign debt from troubled Eurozone countries, mainly Greece, Portugal, Italy and Spain, which it acquired through its Securities Market Program (SMP).

The deepening of the eurozone, which will inevitably happen as a result of the problems of the single currency, will open up opportunities for a different and better settlement between countries such as Britain and the European Union.

Even the country whose debts and unemployment rates are the greatest threat to a eurozone project which Brexiters said would drown us is outperforming the UK.

Channel 4 News Political Editor Gary Gibbon writes - We now have a draft statement from the French and the Germans which is about to be put to the other Eurozone countries.

If a governing bloc emerges which wants to renegotiate the bail out plans, analysts expect the country to slip out the eurozone.

«Of course countries have got to make difficult decisions about their own public finances... but it's the open speculation from some members in the eurozone about the future of some countries in the eurozone which I think is doing real damage across the whole European economy.»

«David Cameron must recognise the austerity policies which are failing in Europe are the very same policies that have failed in Britain and which the British government has been urging eurozone countries to stick with,» he commented.

In this context, people ask: if there are 18 countries in the Eurozone which might wish to integrate further, could this lead to further powers being transferred away from our country?

He is advising European leaders to: reassess the current plan in Greece - which will reportedly see its debt at 120 per cent of its GDP by 2020 -; recapitalise banks in struggling eurozone economies; and allow the European Central Bank to buy bonds from distressed countries.

Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the ECB would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.

Suggested explanations include desire for safety and protection against the eurozone breaking up (in which case some eurozone countries might redenominate their debt into a stronger currency).

Earlier this week, Mario Draghi, the President of the ECB, which administers the monetary policy of the 19 - countries eurozone, explained that Bitcoin as a peer - to - peer protocol that can not be prohibited or regulated.

Ireland's economic growth has continued to outpace other countries in the Eurozone, which all else being equal would tend to increase demand for labour.