Linda Yueh

The European permanent rescue fund, the ESM, is moving into a new building next year to accommodate the larger requirements of the institution inaugurated just over two weeks ago. A new building in Luxembourg for a new fund — but...

ECB President Mario Draghi mounted a robust defense of the independence of the central bank against critics who say that the new Outright Monetary Transactions (OMT) bond buying program compromises it. Vocal critics include former German council members Jürgen Stark...

One of the most important lines uttered by European Central Bank President Mario Draghi in his news conference today — and there were many key statements — was that the bank’s new government bond buying program is within its mandate...

It’s another synchronized global slowdown–but it could be worse. There’s a one-in-three chance of a global recession, and the cause is mainly Europe. Left to its own, the U.S. is healing. That’s what Mohamed El-Erian, the CEO and co-Chief Investment...

Details are finally emerging on how the European Central Bank intends to act as a bond-buying agent for Europe’s two big rescue funds. President Mario Draghi made it clear in his Aug. 2 press conference that as long as countries...

Markets got a short burst of support this week when analysts said the European Central Bank (ECB) may restart a bond-buying exercise known as the Securities Markets Programme (SMP) after a 20-week hiatus. Unfortunately, SMP alone isn’t likely to be...

Update: Buyers will receive 78.5 percent of the payout, while sellers of Greek CDS will have to pay as much as $2.5 billion to settle the contracts after a final value was agreed at 21.5 percent of face value. It’s in line...

The European Central Bank’s unlimited cheap bank loans have eased market tensions, particularly–in the words of ECB President Mario Draghi–by removing the “tail risk” of a banking crisis provoked by the euro debt situation. But the gusher of loans has...

S&P took the historic decision on Feb. 27 of declaring Greece in “selective default.” I spoke with Moritz Kraemer, the head of sovereign ratings for S&P, who argued it’s simply a fact that Greece is in technical default as it...

China’s willingness to support Europe to cope with sovereign debt problems is sincere and firm. China is ready to get more deeply involved in participating in solving the European debt issue. — Chinese Premier Wen Jiabao Wen made these very...