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Jul 19, 2011

GREECE News, Jul 19, 2011

EU Leaders Will Consider Bank Levy to Aid Greece, Welt Says
Bloomberg
By Rainer Buergin - Mon Jul 18 10:21:47 GMT 2011 Euro region leaders meeting this week inBrussels will consider combining a special bank levy with a bond buyback program in a second aid package for Greece, Die Welt reported today, without saying where ...
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The Republican plot to turn the US into Greece
Salon
Greece offers a textbook example of what happens when you enforce austerity measures during a weak or recessionary economy. In March 2010, as part of a bailout deal with the European Union, Greece imposed a radical austerity program, including pension ...
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Euro May Slump More Before Debt Accord on Greece, Komileva Says: Tom Keene
Bloomberg
... Chancellor Angela Merkel's chief spokesman, said in Berlin today. “The way the chancellor sees it, the specific meeting this Thursday is about agreeing precisely on the main points of a new program for Greece, with all relevant details. ...
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Asia Shares Decline for Fourth Day
Bloomberg
Spain and Greece will sell as much as 5.75 billion euros ($8.1 billion) of bills today, two days before European leaders meet to discuss the region's “financial stability.” Reserve Bank of Australia minutes released today showed it had scope to extend ...
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Hillary Clinton Expresses Support to Greece
Greek Reporter
Greece has inspired the world before, and I have every confidence that it is doing so again”. Foreign Minister Stavros Lamprinidis said that there was no comparison between Greece of today and Greece of the past, and he emphasised the need for European ...
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EUR/USD steadies a little after early slide
ForexLive (blog)
Go figure We got some short-dated t-bill auctions in Spain and Greece today. Whoopeeeeeee The content of this field will not be shown publicly. pandu: Raj, you'd probably see more action watching bamboo shoots grow! Roman: Less money for Greece then? ...
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Stress Tests Missing Sovereign Default Fail to Convince Analysts
Bloomberg
Yields on two-year notes from Ireland, Portugal and Greece hit euro-era records today. Spanish and Italian 10-year bond yields jumped to the most since the euro's inception in 1999. “You should probably be stress-testing the sovereigns not the banks,” ...
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Central Falls Leads the Municipal Field
Credit Writedowns
This is common news today, whether in Greece or California. The various parties are assumed to possess a means to carry on. This is assumed because it is generally so. The banks had the Fed; General Electric had the Fed and the FDIC; Greece has the ECB ...
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Gold vaults above $1600 per ounce on dollar, debt worries
USA Today
Europe's troubles aren't limited to Greece. Bond traders also worry about bank and government finances of Italy, Spain and Portugal — and the willingness of healthy countries, such as Germany, to bail them out. "The backbone is starting to break under...
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Apple iNvincible? Shares Soar to Record High Ahead of Earnings
Wall Street Journal (blog)
By Dave Kansas AP As the market struggles amid competing sovereign debt issues (Greece, Italy,USA, take your pick), the Apple juggernaut rolls ahead. Today it is up nearly 2% at $371.21, a fresh record high. That gives the iUbers a market cap of north ...
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Clinton praises 'vital' austerity measures in Greece - Today's ...
People Forum 5.jpg (48.85 KB) 2011-7-18 11:31 U.S. Secretary of State Hillary Clinton speaks to reporters ... - Discuz! Board.
www.peopleforum.cn/redirect.php?fid=8&tid=110689...
Vanessa Williams: What I Ate Today (in Greece)
Desperate Housewives star and mom of four Vanessa Williams is an expert at eating healthy. To celebrate the launch of Samsung's 4-door LCD fridge with apps ...
oneclick.indiatimes.com/article/0bmW3Ey4el06F?q=Athens
Betrayed: Greece Today. America Tomorrow. But Only if Obama has his
ATHENS, July 16 (Reuters) - Greece's Prime Minister George Papandreou ruled out bankruptcy for his debt-choked country and said it was time for Europe to ...
www.huffingtonpost.com/.../europe-debt-crisis-george-papand...

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