Pressure Mounts on the ECB to Intervene Through the IMF

November 30, 2011 0

On Tuesday Europe’s finance ministers agreed to increase the firepower of their rescue fund to help solve Europe’s debt crisis. But as their meeting progressed in Brussels it became clear that the financial reserves of the EFSF rescue fund are inadequate and falls […]

European Finance Ministers to Meet Amid Rising Hopes For a Rescue

November 29, 2011 0

On Tuesday Euro zone finance ministers will meet to bolster the European bailout fund and reduce contagion in European bond markets. Through the European rescue fund, known as the European Financial Stability Facility (EFSF), European ministers will insure sovereign debt with guarantees of insuring […]

Europe Agrees to New Terms of EFSF Rescue Fund

November 28, 2011 0

 European leaders have agreed to important terms that are needed for utilizing Europe’s rescue fund, the European Financial Stability Facility (EFSF). Reuters reported on Sunday that Europe’s leaders have agreed to new terms that will govern how […]