Investment - Articles - Next chapter in the Eurozone debt crisis: Italy and Spain


 The ink had barely dried on the second bailout agreement for Greece before markets have become concerned that Spain, and especially Italy, may require some form of financial assistance. The Eurozone summit that agreed a second €109bn bailout for Greece was initially greeted with enthusiasm by markets; it was a significant departure from previous policy decisions by the troika (the EU, ECB and IMF) in that it at last addressed some solvency as well as liquidity concerns and also included private sector involvement. While the measures on their own were not enough to provide sustainable debt relief for Greece, the announcement did represent a change in strategy that was necessary if a permanent solution to the debt crisis in the Eurozone is to be found.

 Click on the link below to view full release

  

 

Back to Index


Similar News to this Story

Inheritance Tax raises almost GBP6 billion in 8 months
December’s update from HMRC shows that Inheritance Tax (IHT) receipts reached £5.7 billion through the first two-thirds of this financial year (April
PIC completes first Mosaic buyin with GCB Pension Fund
Pension Insurance Corporation plc (“PIC”) has concluded its first full scheme buy-in within Mosaic, PIC’s streamlined service for pension schemes with
Airways Pension Scheme complete longevity hedge with MetLife
The Trustees of the Airways Pension Scheme (“the Scheme”), Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc., (“MetLife”) and Z

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.