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Joaquin Almunia



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EU businesses: states should buy company debt

... even for well-rated investment-grade companies, he said in a letter to EU economy commissioner Joaquin Almunia.The group also called for speeding up bank rescue plans and said governments should launch more public loan guarantees and risk-sharing programs to support the continued flow of financing to companies.The 15 nations that share the euro went into a recession when they shrank...

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EU businesses: states should buy company debt

... even for well-rated investment-grade companies, he said in a letter to EU economy commissioner Joaquin Almunia.The group also called for speeding up bank rescue plans and said governments should launch more public loan guarantees and risk-sharing programs to support the continued flow of financing to companies.The 15 nations that share the euro went into a recession when they shrank...

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Preparation Of Eurogroup And Economic And Finance Ministers Council, Brussels, 1 And 2 December (Amelia Torres, Oliver Drewes, Maria Assimakopoulou, Valérie Rampi)

EUROGROUP (AT) Eurogroup ministers will meet at 17:00 hrs on Monday 1 December. JoaquĆ­n Almunia, Commissioner responsible for Economic and Monetary Affairs will attend as will European Central Bank Governor Jean-Claude Trichet. A press conference is expected to take place after the meeting. Ministers will discuss the economic situation, with particular attention to the financial market...

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Germany is doing its bit to help EU weather recession, Steinbrueck

... footsteps and reduce their standard rates of Value Added Tax (VAT), as requested by Brussels. Joaquin Almunia, the EU's economic and monetary affairs commissioner, said finance ministers would nevertheless back the commission's economic recovery plan. "I am confident that the euro group and EU member states will provide an adequate reaction to this slowdown and risk of recession,"...