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Tag: currency swaps

'New Europe' loses out in ECB currency swaps - 03 March 2010 - News

Analysts argue that the European Central Bank has held back in extending its credit lines to new member states struggling to regain liquidity in their public accounts, making it harder to restore investor confidence in those markets. 

EU, Germany deny Greek bailout plans - 23 February 2010 - News

The question of EU financial aid to debt-stricken Greece is marred by contradictory reports of a bailout. The European Commission and the German government both denied the existence of an alleged €20-25 billion bailout plan as an EU mission landed in Greece yesterday (22 February) to assess the country's rescue plans.

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