Sentences with phrase «bail outs of eurozone»
«Some of us want the UK government to use the influence it says it has at the IMF to halt the futile bail outs of Eurozone members.
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The Eurozone crisis could be ended tomorrow if the European Central Bank (ECB) announced it was going to launch a mammoth campaign to continue buying the bonds of troubled members of the European Community (EC) until growth in EC output and employment bailed them out of their debt burdens.
When Eurozone Finance Ministers met on November 9th in Brussels, they were set to discuss a release of bail - out money in exchange for the latest reform package from Athens along with EU fiscal policy and the banking union.
In an uncharacteristically short meeting of the eurozone's finance ministers in Brussels, president of the eurogroup Jeroen Dijsselbloem said the Greek government ought to stop throwing away time and begin enacting the reforms it requirements to complete its $ 7.2 bn in bail - out extension.
The bail - out, first requested in June 2012, was delayed partly because of concerns expressed by eurozone states, notably Germany, that its financial sector was opaque, thus aiding money laundering.
The second part of the agreement involves a common resolution scheme whereby when any eurozone bank gets into trouble the scheme will decide whether to bail out the bank or let it go bust, with all eurozone governments jointly bearing the cost of the bailout.
«I was watching, too, when Labour made Britain the doormat of Europe and signed British taxpayers up to eurozone bail - out funds.
He will say the eurozone should integrate «in a way that does not damage the interests of non-euro members» and to seek a pledge the UK will not have to be involved in bailing out eurozone nations.
Paris and Berlin made clear in recent weeks that the European candidate had to come from a eurozone member — basically France or Germany — because the IMF is playing a key role in bailing out troubled members of the currency.
If the Greeks and other fringe members of the Eurozone default, and the core governments don't bail the situation out, those holding CP of core Eurozone banks may take a loss.
1) Increasing chatter of troubles in the Eurozone, given Fitch's downgrade of Portugal, and an increased insistence that Greece will not be bailed out, leading to a drop in the Euro.
The Eurozone is not a nation; there is little sympathy across national borders such that they would send tax dollars to bail another nation out of their debt crisis.
With Gaelcoin, another of the Eurozone's bailed - out economies is looking to reclaim some of the sovereignty it lost by giving up its own fiat currency, the punt, in 2002.