Posts tagged: EU summit

June 2012: key market events.

June 29, 2012

Europe summit surprises with bold moves. After 18 disappointing summits since the start of the debt crisis, Europe’s leaders appeared on Friday to have finally come up with quick fixes and long-term plans that show they are serious about restoring confidence in their currency union.

The leaders of the 17 countries that use the euro agreed to:

-Pump money from two European bailout funds directly into troubled European banks later this year, rather than make loans to governments to bail out the banks. The move rescues banks without putting strapped countries deeper in debt. Read more »

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Январь 2012: ключевые события рынков.

January 30, 2012

EU summit reached two results, first, 25 countries agreed to sign the financial contract, strict control of the budget; two completed ahead of schedule 7 is to determine the current crisis of 500 billion euros “firewall.” 130 EU summit held on to progress the establishment of a fiscal union, the United Kingdom Read more »

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