Help from Fed for the European banks
The decision of the Federal Reserve, European Central Bank and other four major central banks to take coordinated measures …
anthalis Archive
Good news: during crisis, Australia gets another AAA rating
On the same day when it revised the outlook for the U.S. rating to ‘negative’, the credit rating …
American Airlines under bankruptcy protection
American Group AMR Corporation, which owns one of the giants of the airline industry, American Airlines, has announced …
Thomas Cook Group, saved with 310 million dollars
The British group Thomas Cook reached an agreement with banks to secure financing worth 200 million pounds ($310 …
Germany says no to common bonds of the euro area
“Disaster” titled the international press yesterday, after Germany, Europe’s largest economy, had difficulty in selling bonds on Wednesday. …
Last resort for Europe: printing money
European Central Bank (ECB) could soon give in to pressure to print money to stop a worsening crisis …
Rupert Murdoch’s last battle with shareholders
Rupert Murdoch still keeps for himself the executive chair of News Corp media empire that he created, although …
German Chancellor: we may be in the worst period since the Second World War
Sovereign debt crisis threw Europe into the most difficult period after the Second World War, said on Monday, …
Jefferson County is the largest municipal bankruptcy in American history
Debt crisis in the euro area in recent years has taken the forefront of the global financial scene. …
Lucas Papademos, interim prime minister of Greece
The man who brought Greece in the euro area is now trying to repair the “mistake” as the …