Germany finds extra 55bn euros after accounting error
Germany has found itself 55bn euros ($78bn; £48bn) richer after discovering an accounting error at Hypo Real Estate (HRE), the troubled bank it nationalised in 2009.
Germany has found itself 55bn euros ($78bn; £48bn) richer after discovering an accounting error at Hypo Real Estate (HRE), the troubled bank it nationalised in 2009.
The eurozone’s bailout fund now stands at one trillion euros (£880bn or $1.4tn) after a deal was thrashed out in Brussels by European leaders. The figure of one trillion has become increasingly widely used...
…we have a crisis of insolvency, first among certain profligate governments and second among banks. In other words, someone might not be able to make the payments on their debt. This has nothing to...
The stock market is a cunning animal that moves to disappoint the masses, and it’s doing a great job now.