{"id":1517,"date":"2011-10-24T06:27:43","date_gmt":"2011-10-24T10:27:43","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1517"},"modified":"2011-10-24T06:27:43","modified_gmt":"2011-10-24T10:27:43","slug":"france-appears-to-have-conceded-to-german-ecb-position-on-bailout-fund-credit-writedowns","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/24\/france-appears-to-have-conceded-to-german-ecb-position-on-bailout-fund-credit-writedowns\/","title":{"rendered":"France appears to have conceded to German-ECB position on bailout fund | Credit Writedowns"},"content":{"rendered":"<p>France appears to have backed down in the face of a German-ECB joint position that strenuously objected to the EFSF becoming a bank to borrow from the ECB. Instead, it appears that the insurance\/guarantee function of the EFSF is going to dominate. Although the situation still appears fluid, the momentum seems to favor those who want to have this guarantee function only for new issuance of Spain and Italy.<\/p>\n<p>via <a href='http:\/\/www.creditwritedowns.com\/2011\/10\/france-backs-germany-ecb-insurance-bailout-fund.html'>France appears to have conceded to German-ECB position on bailout fund | Credit Writedowns<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France appears to have backed down in the face of a German-ECB joint position that strenuously objected to the EFSF becoming a bank to borrow from the ECB. Instead, it appears that the insurance\/guarantee function of the EFSF is going to dominate. Although the situation still appears fluid, the momentum seems to favor those who &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/24\/france-appears-to-have-conceded-to-german-ecb-position-on-bailout-fund-credit-writedowns\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;France appears to have conceded to German-ECB position on bailout fund | Credit Writedowns&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[962,1169,1205,1295,1455,1547],"class_list":["post-1517","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt-crisis","tag-ecb","tag-efsf","tag-euro-zone","tag-france","tag-germany"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>France appears to have conceded to German-ECB position on bailout fund | Credit Writedowns - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"France appears to have conceded to German-ECB position on bailout fund | Credit Writedowns - the patient investor\" \/>\n<meta property=\"og:description\" content=\"France appears to have backed down in the face of a German-ECB joint position that strenuously objected to the EFSF becoming a bank to borrow from the ECB. Instead, it appears that the insurance\/guarantee function of the EFSF is going to dominate. 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So far, the ECB has rejected calls to team up with the bailout fund. Political resistance to\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1434,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/20\/draft-proposes-fast-flexible-bailout-fund-wsj-com\/","url_meta":{"origin":1517,"position":1},"title":"Draft Proposes Fast, Flexible Bailout Fund &#8211; WSJ.com","author":"ColinTwiggs","date":"October 20, 2011","format":false,"excerpt":"According to the draft guidelines, the EFSF would replace the European Central Bank in its role of intervening in sovereign-debt markets, but the EFSF's scope for action would be more limited. The EFSF, for example, would only be allowed to purchase euro-denominated bonds in the open market that are issued\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1182,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/06\/ecb-to-wield-anticrisis-tools-wsj-com\/","url_meta":{"origin":1517,"position":2},"title":"ECB to Wield Anticrisis Tools &#8211; WSJ.com","author":"ColinTwiggs","date":"October 6, 2011","format":false,"excerpt":"Mr. Trichet said it would be inappropriate for the ECB to lend to Europe's main bailout vehicle, the European Financial Stability Facility. A number of both U.S. and European politicians\u2014not least the European Union's Economic and Monetary Affairs Commissioner Olli Rehn\u2014have urged that the EFSF be given a banking license,\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1409,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/19\/and-now-the-bundestag-demands-a-say-zerohedge\/","url_meta":{"origin":1517,"position":3},"title":"And Now The Bundestag Demands A Say | ZeroHedge","author":"ColinTwiggs","date":"October 19, 2011","format":false,"excerpt":"According to FAZ, the German parliament, which made it all too clear wants to be heard in all future European bailout instances courtesy of the constitutional court decision in early September, has just announced it wants to be heard, this time for real, and decide, on any EFSF expansion facility\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":994,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/27\/details-of-rumored-european-bailout\/","url_meta":{"origin":1517,"position":4},"title":"Details of rumored European bailout","author":"ColinTwiggs","date":"September 27, 2011","format":false,"excerpt":"","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/Ng0xVHSyGQE\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1585,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/26\/german-lawmakers-set-to-back-efsf-wsj-com\/","url_meta":{"origin":1517,"position":5},"title":"German Lawmakers Set to Back EFSF &#8211; WSJ.com","author":"ColinTwiggs","date":"October 26, 2011","format":false,"excerpt":"Ms. Merkel, speaking in Germany's lower house of parliament ahead of a vote on the European Financial Stability Facility, said Germany can't prosper without Europe. \"We must solve the current crisis and correct mistakes from the past,\" Ms. Merkel said, adding that she wants to push for sustainable decisions to\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1517"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1517\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}