Greece Debt Default Seen as ‘Unlikely’
- Robin Harding - Financial Times
- •
- September 02, 2010
WASHINGTON - Debt default by an advanced economy such as Greece is “unnecessary, undesirable and unlikely”, according to a report released on Wednesday by the International Monetary Fund.
That cont...
FinMin: Greece at Most Difficult Point of Reforms
- The Associated Press
- •
- September 01, 2010
Greece's finance minister predicts international markets will wait until the end of the year to see whether the bailed-out country is meeting its financial targets, before passing judgement on its eff...
Stocks Drop as Investors Enter Week Cautiously
- Stephen Bernard - The Associated Press
- •
- August 30, 2010
NEW YORK (AP) — Stocks fell Monday after more signs of slowing economic growth got investors worried ahead of a key report on jobs later this week.
The Dow Jones industrial average lost ground thro...
Greece's OTE to Delist from NYSE
- ANA- MPA
- •
- August 30, 2010
(ANA-MPA) -- The Hellenic Telecommunications Organisation (OTE) intends to delist from the New York Stock Exchange in September, OTE's management said in an announcement on Monday.
The announc...
Some 170,0000 Greek Businesses Face Bankruptcy By End of Year
- Deutsche Presse-Agentur
- •
- August 26, 2010
Athens - More than 170,000 small and medium-sized Greek businesses risk going bankrupt by the end of 2011 unless the government changes its tax policy and introduces growth measures, according to a su...
Greece Picks HSBC, Deutsche, Lazard as Advisers
ATHENS, Aug 26 (Reuters) - Greece named three banks to advise it on ways to restructure the country's banking system and evaluate an offer by Piraeus Bank to buy government stakes in ATEbank and Helle...
The Return of Greek Tragedy
- Gennine Kelly - CNBC
- •
- August 25, 2010
Economist Joseph Stiglitz is warning that Europe is at risk of going into a double-dip.
According to Bloomberg, the Noble Prize winner told Dublin-based RTE Radio on Tuesday that when the Euro-area...
Greek Renaissance
- By Olli Rehn
- •
- August 24, 2010
Recall March 2010. Tensions over the Greek debt crisis were running high within the euro zone and among our international partners. People were talking about the end of the single currency. After week...
Greek Renaissance
- By Olli Rehn
- •
- August 24, 2010
Recall March 2010. Tensions over the Greek debt crisis were running high within the euro zone and among our international partners. People were talking about the end of the single currency. After week...
Tax clouds gather over Greek high earners
- Financial Times
- •
- August 23, 2010
ATHENS, Greece - “For sale” signs have appeared on a handful of gleaming Italian-made power boats and luxury motor-yachts after a team from SDOE, Greece’s financial police, visited the crowded Alimos ...
Jobs Crisis Grows As Greece Falters
- Nick Skrekas - The Wall Street Journal
- •
- August 22, 2010
ATHENS - Greece's deepening recession is driving joblessness steadily higher, feeding discontent with the government's austerity program and dragging on the broader economy. Greece's gross domestic pr...
EU: Greece to hit deficit goal with current pledges
- REUTERS
- •
- August 21, 2010
BRUSSELS - Greece is on track to meet its 2010 budget deficit reduction target and will reach it if the country sticks to its current commitment to keep budget spending 4 billion euros below plan, the...
Reduced state budget deficit
- ANA- MPA
- •
- August 21, 2010
ATHENS, Greece - The state budget deficit fell 39.7 percent during the period January-July 2010 in comparison with the same period in 2009, vis-a-vis a stated annual target 39.5 percent....
Euro Sinks as Fears Weigh
- Wall Street Journal
- •
- August 20, 2010
LONDON - A new wave of anti-risk sentiment pushed the euro lower and helped the yen and the Swiss franc move higher Friday. Ηowever, major currency pairs continued to trade in fairly narrow ranges, wi...
Commission OKs second loan tranche
- ANA- MPA
- •
- August 20, 2010
BRUSSELS - The European Commission on Thursday officially announced that Greece has fulfilled conditions to receive the second installment of loans by eurozone member-states. According to the announce...
Seeking Cheaper Options
- NET, NET 105.8
- •
- August 19, 2010
ATHENS, Greece - In an effort to reduce their budget, consumers forgo private label products and choose super-market own labels. A survey in the first half of the year indicates that one in three prod...
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