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Latest Luxembourg Monetary Union & Eurozone News

  • Czech Republic - Factors To Watch on Aug 28 28 Aug 2008 06:28 GMT
    ... to release H1 results after market close. LUXEMBOURG - Developer Orco Property Group (ORCOsp.PR: ) ... the previous quarter despite a rise in inflation, data showed on Wednesday. Story: [ID:nLR406807] Related ... For an economic indicator diary for the euro zone, the United States and other Group ...

  • Why Spain's banking sector could be facing a death blow 26 Aug 2008 10:16 GMT
    ... Bank is about to stop bailing out eurozone commercial banks. And that could mean another ... central bank's rules," said the governor of Luxembourg's central bank, Yves Mersch, at the weekend. ... taxpayer support of this kind for the EMU banking system. "The ECB is in an unenviable situation", ...

  • Save on a fly-cruise to Tahiti 26 Aug 2008 08:14 GMT
    ... earlybird discounts for its 2009 season in Europe, Russia and China. For instance, its 15-day ... the nightly rate at the four-star Hotel Luxembourge Parc is from $238 a person and ... the Voyages Desert Garden Hotel or Voyages Emu Walk Apartments is from $390 a person ...

  • European Central Bank lending to Irish financial institutions was '¬44.1 billion in July - the highest since the credit crisis began 26 Aug 2008 06:17 GMT
    ... customers and establishing an operation in the Eurozone. The disclosure of the heavy reliance of ... €451 billion liquidity through its main and long-term repos. Banks can also have access to ... funding, but offered no specifics. Yves Mersch, Luxembourg’s central bank governor, said at the US ...

  • Central bank plans cautious crackdown on liquidity abuse 26 Aug 2008 02:31 GMT
    ... Last updated: August 26 2008 03:00 The European Central Bank will proceed cautiously with a ... advantage of its broad-based system. Yves Mersch, Luxembourg's central bank governor, said in the US at ... of the total deposited as collateral with eurozone banks last year, up from 12 per ...

  • Bank plans cautious crackdown on abuse 25 Aug 2008 18:30 GMT
    ... Last updated: August 25 2008 18:41 The European Central Bank will proceed cautiously with a ... advantage of its broad-based system. Yves Mersch, Luxembourg’s central bank governor, said in the US ... of the total deposited as collateral with eurozone banks last year, up from 12 per ...

  • Global financial storm not over yet, warns Trichet 25 Aug 2008 06:19 GMT
    ... ECB’s Trichet (left) and Yves Mersch, governor of the ... Mersch, governor of the Central Bank of Luxemburg, at the Annual Economic Symposium in Jackson Hole, Wyoming ... has raised rates, citing worries about record eurozone inflation. A European policy-maker said at the ...

  • Kerr in minimum wage call 24 Aug 2008 04:32 GMT
    ... ...


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