Debt crisis: Germany signals shift on €2.3 trillion redemption fund
The German government has begun opening the door to shared debts for the first time in a profound change of policy, agreeing to explore proposals for a €2.3 trillion (£1.9 trillion) stabilization fund in order to stop the eurozone’s crisis escalating out of control.
Debt crisis: as it happened, June 13, 2012
Debt crisis: Greeks pulling €800m a day from banks
US retail sales drop for second month
IMF approves €1.4bn Irish bail-out loan
Spain could be cut to junk within three months
Spain could be downgraded to ‘junk’ within three months, rating agency Moody’s warned on Wednesday night, as it slashed the country’s credit rating by three notches.
Spain faces ‘junk’ status within three months: full statement
Related posts:
- Fitch says comprehensive solution to eurozone crisis is ‘beyond reach’
- John Ward April 2, 2012: Eurozone Debt ~ Two More UXBs You Won’t Find In The UK & US MSM
- Accountability – Hold On To Your Hats! The Dominoes Are Falling … and Falling and Falling
- John Ward March 23, 2012: Frankfurt Contact Tells Slog “Eurozone Will Shatter By Autumn”, “Spain And Italy Cannot Be Contained”
- John Ward April 1, 2012 Insight: Until The Eurozone Criminality Pauperises The Vulnerable, Very Few Anglo-Saxons Will Be Interested In It
