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Entwining bailouts and eurozone central banks

Thursday, 23 February 2012

Exhibit one, the Greek default.The European Central Bank will not take losses on Greece. It will not even have to do anything tricky with ‘purchase prices’ etc under...
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Source: Bloomberg - on February 20, 2012

News video: Davies Says ECB Policy `Positive' for Europe's Banks

Davies Says ECB Policy `Positive' for Europe's Banks

Feb. 20 (Bloomberg) -- Stephen Davies, chief executive officer of Javelin Wealth Management Ltd. in Singapore, talks about the outlook for global financial markets, and Europe and China central bank monetary policy. Davies speaks with John Dawson on Bloom

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