Paul Taylor

G7 gives first sign ready to battle crisis

By Paul Taylor
August 8, 2011

FRANKFURT/PARIS (Reuters) – Political and financial leaders gave their first sign of readiness to battle a debt crisis gone global when the European Central Bank signaled on Sunday it would start buying Italian and Spanish debt, a critical move to quell a bond rout that has rocked financial markets.

ECB to buy Italian, Spanish bonds to stop contagion

By Paul Taylor
August 7, 2011

BERLIN/PARIS (Reuters) – The European Central Bank will intervene decisively on markets to protect Italy and Spain from an accelerating debt crisis, a monetary source said on Sunday, indicating it would buy government bonds of the euro zone’s third and fourth biggest economies.

RPT_WRAPUP 6-ECB eyes decision on Italy bond buys to ease debt

By Paul Taylor
August 7, 2011

FRANKFURT/PARIS, Aug 7 (Reuters) – The European Central
Bank faced a decision on Sunday whether to buy Italian bonds to
try to prevent the euro zone debt crisis from widening, while
global policymakers conferred on the twin financial crises in
Europe and the United States.

ECB eyes decision on Italy bond purchase to ease debt

By Paul Taylor
August 7, 2011

FRANKFURT/PARIS (Reuters) – The European Central Bank will decide on Sunday evening whether to buy Italian government bonds to try to speed up cuts in euro zone debt, ECB sources said as global leaders conferred by phone on the twin financial crises in Europe and the United States.

ECB eyes decision on Italy bond purchase to ease debt crisis

By Paul Taylor
August 7, 2011

FRANKFURT/PARIS, Aug 7 (Reuters) – The European Central
Bank will decide on Sunday evening whether to buy Italian
government bonds to try to speed up cuts in euro zone debt, ECB
sources said as global leaders conferred by phone on the twin
financial crises in Europe and the United States.

Trichet wants ECB decision on Italy – source

By Paul Taylor
August 7, 2011

FRANKFURT/PARIS, Aug 7 (Reuters) – The European Central Bank
will decide whether to buy Italian government bonds to try to
stem the euro zone’s debt crisis from widening in a crucial
conference call on Sunday evening (1700 GMT), ECB sources said.

World leaders to confer on debt crises this weekend

By Paul Taylor
August 6, 2011

PARIS/SHANGHAI, Aug 6 (Reuters) – Global leaders on
Saturday arranged a round of emergency calls to discuss the
twin debt crises in Europe and the United States that are
causing turmoil in financial markets.

Exclusive: ECB to discuss crisis action on Sunday: sources

By Paul Taylor
August 6, 2011

PARIS (Reuters) – The European Central Bank will hold a rare Sunday conference call to discuss developments in the euro zone’s debt crisis and the possibility of buying Italian sovereign bonds, ECB sources said Saturday.

Van Rompuy may get top euro zone role -sources

By Paul Taylor
August 2, 2011

BRUSSELS/PARIS, Aug 2 (Reuters) – European Council President
Herman Van Rompuy may get an enlarged role as coordinator and
spokesman for the euro in an effort to impose greater policy
discipline in the single currency area, EU sources say.

Conflicting statements cast doubt on euro zone deal

By Paul Taylor
July 27, 2011

PARIS, July 27 (Reuters) – Contrasting statements by euro
zone politicians to domestic audiences have underlined the
fragility of last week’s deal to rescue Greece and unsettled
financial markets already on edge because of the U.S. debt
impasse.