how do you get a ex girlfriends trust back if it been months After New Democracy's win in the recent general elections in Greece with 29.8 percent of voting support, a coalition with Pasok seems the most reliable option. Together, both parties would gather 162 parliament seats and a sufficient majority (overall majority is obtained with 151 seats) to raise a stable government favourable to accept further austerity measures from…
text your ex back MADRID | For the first time since the crisis unfolded, Germany is starting to cast serious doubts on the euro zone sustainability. Acting as paymaster general involves such a woeful toll as to think twice before continuing to foot a growing bill likely to snowball out of control. It is under the uneasy impression that money spent on saving others is simply burned off. The temporary…
LONDON | US corporate borrowers have nearly $3 trillion in rated debt that will mature by year-end 2016, according to risk agency Standard & Poor's estimates. In its June report about refinancing needs in the US, S&P analysts said the overall issuance volume in the US is sufficient to refinance this term schedule, but there could be foreseen potential friction for two areas of the corporate credit market: the lowest rated…
By Luis Martí, in Madrid | Amid the recent flurry of proposals for restructuring of the euro zone and opinions on its decomposition, seasoned with all sorts of half truths, two reports –one of the European Commission, by order of Parliament, and one of the Council of Economic Experts which advises the German government– have seriously dealt with the viability of Eurobond-based-solutions. The Commission's report was published late 2011 as a…
MADRID | STUTTGART | JPMorgan analysts have a swift explanation: “The European Redemption Fund is the idea which would create a fund to which countries would transfer the excess of debt over 60% debt per GDP. In case of default of one of the countries, the remaining would take joint responsibility of the debt deposited in the fund. Countries would be required to allocate collateral for 20% of the nominal…
Helga Jung is the first woman to enter the board of Allianz, the largest insurance pool in the world, in the center of German finance. The group became Allianz Societas Europaea (SE) in 2006. With more than 78 million customers, 142,000 employees and a global presence in 70 countries, Allianz obtained an operating income of €7.9 billion in 2011. Its assets under third parties management are of €1.281 billion. What risks…
MADRID | Just a few days before the partial rescue of the Spanish banking sector was announced, Amado Franco talked to journalist Carles Francino during an interview broadcast by SER. Franco is president at one of the largest and healthiest cajas or Spanish savings banks. He is 66 years old and has spent 42 working at Ibercaja. He has been auditor, branch manager, executive, CEO and President since 2004. Franco is a…
By Luis Arroyo, in Madrid | It's been a good match, and the Spanish government has played quite well. From the very beginning, the minister of Economy Luis de Guindos dispelled any fears about a Greek bailout for Spain. Here's what I say: those wanting a seizing over the Spanish cabinet are welcome to join the club of the frustrated fans of coups d'état. Indeed, Spain's government faced a difficult…
LONDON | Germany finally met its match in Spain. And the outcome of the clash, as for Monday's market reaction, was unsurprisingly ugly, leaving the future of the euro project in deeper waters than ever before. Naysayers are meant to have a hard time running against the tide of general opinion, or so they were portrayed in the now past European political modern tradition. They were the protesters, the champions…
http://goexback.com/ How to win back your ex By Julia Pastor, in Madrid | Everyone's talking about it. The financial support demand or the bailout that Spain has requested from its European partners last weekend in order to, at last, recapitalise the country’s banking industry is admittedly one of the most significant episodes in Spain’s recent economic history. After the International Monetary Fund published on Saturday early in the morning its stability…