Germany under pressure to agree a bail-out for Greece; Trichet signals no easy terms; Bundesbank chief says Germany’s export-dependence will fall

by admin on March 24, 2010

Germany is under pressure to agree a bail-out for Greece when EU leaders meet Thursday and European Central Bank President Jean-Claude Trichet signalled on Monday that there will be no easy terms for the debt stricken Eurozone member but indicated that liquidity plans could be eased. Meanwhile, the Bundesbank chief said on Monday that Germany’s export-dependence will fall.

Related posts:

  1. Eurozone finance ministers agree terms for possible €30bn bailout for Greece; Papandreou says ditching euro would be a "joke"
  2. Trichet says central bankers ready to provide liquidity to support banking system; Germany tries to calm markets
  3. Eurozone PMI at two-year high in January; France and Germany leading the recovery but Spain, Ireland and Greece fall further behind
  4. Germany / France say no rate cut for Ireland without concessions; Trichet signals rate hike on track for April
  5. Markets News Afternoon: Bundesbank says Germany will grow 2.5% in 2011; Manufacturing orders rise; France was biggest trading partner in 2010

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