Amadeu Altafaj

Amadeu Altafaj News

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  Euro Officials Begin to Weigh Greek Exit as Euro Weakens

  Greece’s possible exit from the euro moved to the center of Europe’s financial-crisis debate, rattling markets as authorities in Athens struggled to form a government.

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  Greek Default Risk Returns as Bond Maturity Nears

  Two months after forcing through the biggest-ever sovereign bond restructuring, Greece once again faces the prospect of becoming the first developed nation to default on its debt.

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  EU’s Rehn Says Carbon Investments Won’t Risk Financial Crisis

  Companies with high-carbon emissions are unlikely to fall suddenly in value and threaten the financial stability of the European Union, Commissioner for Economic and Monetary Affairs Olli Rehn said.

• European Union Bailout Funds Sell 3.7 Billion Euros in Bonds

  The European Union’s bailout funds sold 3.7 billion euros ($4.9 billion) of bonds as part of efforts to contain the region’s debt crisis.

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  European Union Sells $2.3 Billion of Bonds for Portugal

  The European Union tapped the bond markets for the third time this year with a sale of 26-year securities to help fund the bailout of Portugal.

• EU Urges Hungary to Take Concrete Steps on Central-Bank Autonomy

  Hungary must take “concrete steps” to ensure the independence of its central bank, European Commission economics spokesman Amadeu Altafaj told reporters in Brussels today.

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  EU Decision on Firewalls `Important Step,' Passera Says

  Italian Development Minister Corrado Passera denied a Financial Times report that Italy may need further budget adjustments to reach its fiscal targets.

• EU’s Altafaj Says Verdict on Spain Budget Needs ‘Hard Figures’

  European Union spokesman Amadeu Altafaj comments about Spanish Prime Minister Mariano Rajoy’s announcement on March 2 that Spain’s budget deficit this year would be 5.8 percent of gross domestic product instead of the 4.4 percent target agreed previously with the EU.

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  Greek Talks Stuck as Euro Ministers Meet

  Greek Finance Minister Evangelos Venizelos headed to Brussels today as politicians in Athens narrowed their differences to the single issue of pension cuts needed to secure a 130 billion euro ($172 billion) bailout.

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  Pope to Bind Vatican to Money-Laundering Law, EU Says

  Pope Benedict XVI will bind the Vatican to implementing European Union laws against money laundering and financial fraud, the European Commission said, after the Holy See’s bank was tainted by a series of scandals.

Quote

• "The mission has not been' canceled,' as there has never been a fixed date for the mission."

  - Amadeu Altafaj on May 09, 2012

Related Topics

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  London

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  Spain

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  Greece

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  Athens

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