Greens want creditors to contribute to EU stability package


Green parliamentary whip Werner Kogler called today (Weds) for creditors to make a contribution to the financing of the EU stability package for Euro-zone countries.He said they needed to do that before they dumped bonds issued by countries high in debt on the European Central Bank (ECB), thereby transferring their financial risk to EU tax-payers.Banks […]

IHS chief calls stabilisation package ‘a reasonable solution’


Bernhard Felderer, who heads the Vienna economic think tank the Institute of Higher Studies (IHS), has said that last night’s Euro-zone stability package was “a reasonable solution” that had already begun to stem speculation against the Euro.Speaking today (Mon) Felderer said: “They (finance ministers) did not have many other options,” adding that “it is not […]