Category Archive: Financial crisis

Brussels stands firm: WestLB has time until Friday

Published at 14. April 2011 of admin

The European Commission is sticking to its timetable for the ailing WestLB. Until Friday, the concept needs to be. Talking is a viable composite Bank and the sale and processing the remaining parts of the bank. The controversial state aid of 3,4 … Read more →

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Moody's lowers rating Portugal

Published at 16. March 2011 of admin

The financial situation of Portugal is getting more complicated. Now, Moody's provides a further downgrading a stir. The southwestern European country suffers from high cost of credit. It is also unclear, whether it can achieve its savings targets. The markets are skeptical anyway. …read more … Read more →

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Isländische Bank Manager in the leak-

Published at 14. January 2011 of admin

The financial crisis has not yet been overcome in Iceland. Police and judiciary take action against former bank manager, who are alleged fraudulent actions. …Read more at N-TV

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Portugal easily fill up fresh money in the capital market

Published at 12. January 2011 of admin

The loose Portugal candidate pass the confidence test and easily accommodates 1,25 Billion € in the capital market. The interest rates were running at the shorter bond is even slightly below the previous issue. After the auction Merkel warns against unnecessary stress, Portugals Präsident … Read more →

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