Sentences with phrase «other eurozone governments»
The process of this deal wasn't dissimilar to the bailout programmes that have already passed — the other eurozone governments were a little less sympathetic, partly due to public pressure, and the Greek government was more radical than ever.
http://www.businessinsider.com/ Not exact matches
It was almost exactly a year ago that the E.C.B. set eurozone precedent by buying government bonds and other assets.
A key sign: Prices for government bonds of other heavily indebted eurozone countries — such as Spain and Italy — are not suffering in sync with Greek bonds, as they did before.
It could cause the euro to rise in value against other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 - country eurozone.
The Greek government tried something similar last summer but ended up effectively accepting the original deal anyway, having recognized that other Eurozone countries would budge no further.
Certainly the attitude of the UK government has not helped; on one hand urging the eurozone to accept the «remorseless logic» of greater economic and fiscal integration, including Germany taking on liabilities for weaker eurozone states via debt pooling, while on the other refusing to take part in such measures itself and zealously looking after its own self interest.
Troubles in Italy (and other poorly - led nations) benefit Britain... «UK long - term borrowing costs have fallen to their lowest level this year, as troubles in the eurozone offset worries over a fresh batch of credit rating downgrades for government - backed institutions.»
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.
The S&P China Government Bond Index is calculated in CNY and the S&P Eurozone Developed Sovereign Bond Index is calculated in EUR, while the other two indices are calculated in USD.
Despite the good intentions of its creators, the idea of setting up a permanent international body competent to grant financial assistance (amongst other things) to eurozone members in financial difficulties goes somewhat against the foundations of the Economic and Monetary Union, which aims at ensuring price stability through sound government budgets.