22nd October, 2-11
See also:
Bond insurance could contain the debt crisis
Discussions have turned to using the €440bn (£383bn) European Financial Stability Facility (EFSF) as bulk insurance for another fund backed by private investors.
Posts Tagged ‘european bond insurance’
Eurozone leaders seek foreign money to boost bail-out fund
Posted by seumasach on October 22, 2011
Posted in Battle for Europe | Tagged: european bond insurance | Leave a Comment »
Bond Insurance Could Contain the Debt Crisis
Posted by seumasach on October 11, 2011
Curbing speculatives attack is the first line of defence against the war being conducted against the Euro by Anglo-American finance. With regard to budget deficits it is notable that the emphasis always falls on cuts as if there weren’t two aspects: expenditure and revenue. Through wealth creation, the reconstruction of the real economy, revenue increases. This has to be the long-term focus of European policy.
Walter Otremba
11th October, 2011
Walther Otremba, 60, served successively as a senior official in the German economy, finance and defense ministries. He retired in March. He has written a guest commentary in SPIEGEL explaining his idea for a state credit insurance system that could help to tackle the euro crisis.
Posted in Battle for Europe | Tagged: european bond insurance, real economy | Leave a Comment »
In These New Times 