President Nicolas Sarkozy said French banks are headed towards an agreement to roll over 70 percent of their holdings of Greek debt between now and 2014.
BusinessWeek.com — Finance
French banks including BNP Paribas SA have told the French government they are willing to partly roll over maturing Greek government bonds in a bid to avoid a default by the debt-laden nation, three people familiar with the plan said.
BusinessWeek.com — Finance
BNP Paribas SA, France’s biggest bank, and local rivals Societe Generale SA and Credit Agricole SA may have their credit ratings cut by Moody’s Investors Service because of their investments in Greece.
BusinessWeek.com — Finance
BNP Paribas SA, France’s biggest bank, and local rivals Societe Generale SA and Credit Agricole SA may have their credit ratings cut by Moody’s Investors Service because of their investments in Greece.
BusinessWeek.com — Finance
German lenders were the biggest foreign owners of Greek government bonds with $ 22.7 billion in holdings last year, making them a likely negotiation partner in burden-sharing deals for the country, data from the Bank for International Settlements showed.
BusinessWeek.com — Finance
German lenders were the biggest foreign owners of Greek government bonds with $ 22.7 billion in holdings last year, making them a likely negotiation partner in burden-sharing deals for the country, data from the Bank for International Settlement showed.
BusinessWeek.com — Finance
France may have to rely on Christine Lagarde’s track record as a euro crisis fighter if she’s to become the IMF’s first female chief
BusinessWeek.com — Finance
French inflation accelerated in March and German wholesale prices jumped the most in almost three decades, adding pressure on the European Central Bank to continue raising borrowing costs.
BusinessWeek.com — Finance
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