Speculators seen increasing Greek borrowing costs
- Laurence Fletcher
- •
- March 19, 2010
LONDON, March 18 (Reuters) - Hedge fund speculators have cost debt-laden Greece at least an extra 2.5 percentage points to borrow money, said one European politician who is pushing for a clampdown on ...
‘Sinister’ German Plan Aimed at Funds, Analysts Say
- Andrew MacAskill and Tony Czuczka
- •
- March 18, 2010
March 18 (Bloomberg) -- Germany’s suggestion that it may order spies to track speculators targeting currencies is “sinister and silly,” according to analysts, who said hedge funds in London and New Yo...
US warns EU derivatives ban won't work
- Leslie Patton - The Associated Press
- •
- March 16, 2010
BRUSSELS —
Europe's threat to ban the sort of financial derivatives trading that some blame for worsening Greece's debt crisis wouldn't work, a senior U.S. official told EU lawmakers Tuesday.
Germ...
Scenarios: What will the EU do about CDS trading?
European Union finance ministers discuss on Tuesday whether regulators should curb the sovereign credit default swaps (CDS) market after Greece accused speculators of amplifying its debt woes.
Jose...
Gold rises on lingering Greece debt woes
CHICAGO, March 15 (Xinhua) -- Gold futures on the COMEX Division of the New York Mercantile Exchange closed higher on Monday as investors continued to worry about seeking a concrete solution for debt-...
Mobile Calling Fees Under Pressure With Rollout of New Networks
- Kevin J. O'Brien - The New York Times
- •
- March 15, 2010
BERLIN — The next generation of faster mobile networks is poised to lower costs for operators and potentially unleash a new price war in the industry in Europe.
As European operators prepare to ins...
Greece will be saved, but what about other debtors?
- Adrian Michaels - The Telegraph
- •
- March 12, 2010
Greece is being pieced back together, financially at least. Next week, plans to slash its budget deficit are likely to be approved by fellow Europeans, and in return it will receive implied aid throug...
Greece Denies Speculation of 3-Year Debt Sale Plan
- Anchalee Worrachate
- •
- March 12, 2010
March 11 (Bloomberg) -- Greece has no plan to sell three- year bonds, the head of the nation’s debt agency said.
Speculation about Greece planning to sell such securities is “unfounded,” Petros Chr...
Dollar dips as Greece announces new spending cuts
- Erin Conroy - The Associated Press
- •
- March 12, 2010
NEW YORK — The dollar eased against the euro and the pound Thursday as Greece announced additional salary cuts and tax hikes to deal with its ballooning deficit, while China reported a jump in inflati...
OPAP sees licence wins as Greece taps gaming cash
ATHENS, March 11 (Reuters) - Greek gaming firm OPAP believes it can win a licence to operate low price slot machines and gain an extension to its current betting monopoly as the government seeks ways ...
Portugal sells $1.34 billion worth of bonds
By BARRY HATTON
LISBON, Portugal (AP) — Financially troubled Portugal raised euro990 million ($1.34 billion) Wednesday in a key bond auction that had more bids than bonds available, suggesting the...
Markets react well to Greece's key new bond issue
- The Associated Press
- •
- March 04, 2010
ATHENS, Greece (AP) — Greece launched a critical 10-year bond issue on Thursday, a day after winning approval from markets and the European Union for painful austerity measures designed to lift the de...
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