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Jun 15, 2011

GREECE Latest News, Jun 15, 2011

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Greek crisis at the tipping point
CNNMoney
By Colin Barr June 15, 2011: 10:59 AM ET Unnervingly, it is starting to look like the answer may be yes. Policymakers this week failed yet again to take decisive action onGreece's debt crisis, rattling markets and prompting billionaire George Soros to ...
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Greek protesters clash with riot police; 10 hurt
CBS News
A protester throws a stone at riot police during clashes in the main Syntagma Square of Athens, Greece, June 15, 2011. (AP Photo) ATHENS, Greece - Hundreds of protesters clashed with riot police in central Athens Wednesday as a major anti-austerity ...
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Stocks sell off at the open
CNN
By CNNMoney staff June 15, 2011: 10:31 AM ET NEW YORK (CNNMoney) -- Stocks resumed their downward trend Wednesday, with all three major indexes tumbling at the open, as investors digested disappointing manufacturing and inflation data. ...
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Greece Bailout Prospects Darken as European Bickering Weakens Papandreou
Bloomberg
By Jonathan Stearns and Natalie Weeks - Wed Jun 15 13:55:00 GMT 2011 June 15(Bloomberg) -- Laurence Mutkin, head of European fixed-income strategy at Morgan Stanley, discusses the Greek debt crisis and the outlook for negotiations on a second rescue ...
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Greece Debt Crisis Is Main Stability Threat to Euro Region Banks, ECB Says
Bloomberg
By Jeff Black and Jana Randow - Wed Jun 15 15:00:00 GMT 2011 The European Central Bank said the threat of the Greek debt crisis spilling over into the banking sector is the biggest risk to the region's financial stability. “Greece could have a ...
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Greece, Ireland Can't Default Like Iceland
Bloomberg
By Omar R. Valdimarsson - Wed Jun 15 11:14:03 GMT 2011 June 15 (Bloomberg) -- Alastair Newton, an analyst at Nomura Holdings Inc., talks about Greece's debt problems. Newton also discusses the challenges facing Indonesia's economy and the outlook for ...
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French exposure to Greece, an Argentine deja vu
FT Alphaville (blog)
Paris, June 15, 2011 — Moody's Investors Service has today placed the standalone financial strength ratings and long-term debt and deposit ratings of three French banking groups — Credit Agricole SA (CASA), BNP Paribas SA (BNPP), and Societe Generale...
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Treasuries Advance on Speculation Second Bailout for Greece to Be Delayed
Bloomberg
By Cordell Eddings and John Detrixhe - Wed Jun 15 12:55:55 GMT 2011 June 15(Bloomberg) -- Luxembourg Finance Minister Luc Frieden discusses the possible role of private investors in a new aid package for Greece. Frieden spoke yesterday in Brussels...
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ForexLive European wrap: Risk aversion back over Greece; and Greeks protest ...
ForexLive (blog)
By Joe Brown || June 15, 2011 at 11:05 GMT UK May Jobless Claims +19k, worse than median forecast of +7k. Biggest rise since July 2009 French May EU harmonised CPI +0.1% m/m, +2.2% y/y, in line with median expectations. EUR/USD spent the morning on its ...
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Air China Introduces Rotations Between Beijing and Milan
Sacramento Bee
By Air China BEIJING, June 15, 2011 -- /PRNewswire-Asia/ -- With Air China's flight CA949 taking to the sky on June 15, the carrier's direct rotations between Beijing and Milan were introduced to the market. Milan was the third European destination ...
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Gold Slides as Stronger Dollar Curbs Demand for an Alternative Investment
Bloomberg
By Nicholas Larkin - Wed Jun 15 12:34:40 GMT 2011 Immediate-delivery gold fell $5.03, or 0.3 percent, to $1518.75 an ounce by 11:22 am in London. Photographer: Chris Ratcliffe/Bloomberg Gold declined in New York as a stronger dollar curbed demand for ...
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Greece:Tensions Mount Over Reforms;PM To Consult President
ForexLive (blog)
By Market News International || June 15, 2011 at 11:05 GMT John: Hi Joe, what timeframe did you use to get the figure of 1.4340 for the Ichimoku cloud base? Thanks. Nexus: Did Blackers work the eur/jpy short? lilac: It's what sent Blackers back into ...
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U.K. Stocks Slide as Jobless Claims Climb; Banks, Experian Fall
Bloomberg
By Sarah Jones - Wed Jun 15 09:18:25 GMT 2011 UK stocks fell after British jobless claims surged more than forecast last month and investors speculated that divisions between European officials may delay a second rescue plan for Greece. ...
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Most Emerging-Market Stocks Fall on Inflation Concern; Philippines Gains
Bloomberg
By Michael Patterson and Ian C. Sayson - Wed Jun 15 12:55:22 GMT 2011 Emerging-market stocks fell and currencies weakened as European officials failed to agree on a rescue plan for Greece and concern deepened that government efforts to curb credit ...
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Greece, S&P's Lowest-Rated Country in the World
Wall Street Pit
By editor Jun 15, 2011, 11:27 AM Author's Website The situation in Greece continues to deteriorate, particularly after the country was given a “CCC” rating late on Monday, the lowest credit rating of any economy ranked by Standard & Poor's, ...
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Austrian FinMin Fekter: Letting Greece default would pose great danger of ...
ForexLive (blog)
By Gerry Davies || June 15, 2011 at 07:29 GMT Wish I could edit my posts. Shorted eur/jpy @ 116.200 yesterday Stops above 117.200 Gerry is 100% correct with market (CHOP) It seems that the Greece issue is pulling the Euro down the slippery slope this...
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The Humanist in the Foxhole
New York Times
He is a senior fellow at the Center for a New American Security and a correspondent for The Atlantic. A version of this op-ed appeared in print on June 15, 2011, on page A27 of the New York edition with the headline: The Humanist in the Foxhole.
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French government: Not concerned at Moody's downgrade warning on French banks
ForexLive (blog)
By Gerry Davies || June 15, 2011 at 10:34 GMT Kinda reminds of the French soldier “I fart in your general direction. Your mother was a hamster and your father smelled of elderberries….” French govt says position on Greece solution is no restructuring, ...
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The Sideways Economy: Five Ways the Recovery Could Implode
TIME
By Roya Wolverson Wednesday, June 15, 2011 A "For Sale" sign in front of a Chicago, Illinois house on May 31, 2011, and an Exxon gas station near the Watergate complex in Washington, DC on April 20, 2011. They say heartbreak is optimism's best cure. ...
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Greece Sells EU Carbon Spot Permits for 16.11 Euros
Bloomberg
By Alessandro Vitelli and Mathew Carr - Wed Jun 15 14:40:52 GMT 2011 Greece sold 6000 European Union carbon permits at an auction offering 1 million allowances after prices dropped below a floor of 16.11 euros ($23) a metric ton. ...
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Europe's $103 Billion Yard Sale May Come Up Short as Buyers Seek Bargains
Bloomberg
Photographer: Kostas Tsironis/Bloomberg June 15 (Bloomberg) -- James Close, partner in government services at Ernst & Young LLP, discusses the outlook for state asset sales in Greece, Portugal and Ireland. He talks with Owen Thomas and Francine Lacqua...
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Gasoline Futures Drop on Manufacturing Reports, Stronger Dollar
Bloomberg
By Barbara Powell - Wed Jun 15 14:02:30 GMT 2011 Gasoline fell as two manufacturing reports indicated the economic recovery has stalled and fuel demand won't immediately improve and as a surging dollar reduced the investment appeal of commodities. ...
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Coelho To Sign Portuguese Pact for Coalition With People's Party Tomorrow
Bloomberg
By Joao Lima and Anabela Reis - Wed Jun 15 14:12:22 GMT 2011 Pedro Passos Coelho, Portugal's incoming Social Democratic prime minister, said his party will sign an agreement on forming a coalition government tomorrow with the People's Party, ...
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French Bank Links to Euro Crisis Add Sovereign Worry, IMF Says
Bloomberg
By Mark Deen - Wed Jun 15 12:00:00 GMT 2011 French banks' exposure to Europe's sovereign debt crisis has heightened concern about France's own top-notch AAA credit rating, according to the International Monetary Fund. Moody's Investors Service said ...
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Global Demand for US Assets Rose in April
Bloomberg
By Vincent Del Giudice - Wed Jun 15 13:00:13 GMT 2011 Global demand for US stocks, bonds and other financial assets rose in April from a month earlier, led by longer-maturity securities, the Treasury Department reported. ...
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Roach Sees 'Years' of Growth Scares
Bloomberg
By John Dawson and Sophie Leung - Wed Jun 15 03:31:27 GMT 2011 June 15(Bloomberg) -- Stephen Roach, non-executive chairman of Morgan Stanley Asia, talks about China's economy and central bank monetary policy. Roach also discusses the outlook for the ...
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Expat life on kephalonia, kefalonia, in Greece and Greek holidays ...
By Andrew Owen
Blog: The myth of a stable Greek economy. Wednesday 15th June 2011, 8:57AM BST. On Sunday, May 29 thousands of protesters filled Athens' central Syntagma Square during a peaceful anti-austerity rally in Athens. Similar events have been held across the... We reserve the right to edit comments and will not enter into correspondence over editing decisions. Comments featured on the site are not representative of the views of the Shropshire Star or Midland News Association. ...
Shropshire Star » Shropshire Star
Greece crippled by strike, protests over austerity « Artesia News
By admin
Protesters holding Greek flags face the police in front of the Parliament during a rally against plans for new austerity measures, in central Athens, Wednesday, June 15, 2011. A 24-hour anti-austerity strike by Greece's largest labor ...
Artesia News
Greeks rage against austerity while EU squabbles - Business - Mail ...
Greeks rage against austerity while EU squabbles. RENEE MALTEZOU AND JAN STRUPCZEWSKI ATHENS, GREECE - Jun 15 2011 12:58 ... They are aiming for a deal at a European Union summit on June 23-24 and will meet again on Sunday evening in Luxembourg. However Tuesday's apparent impasse, and the absence of the usual newsconference, sent the cost of insuring Greek debt against default rocketing to an all-time high. Highlighting contagion risks from the Greek crisis, ...
Mail & Guardian News Feed
Athens Protests, June 15 – Live Streaming ... - Keep Talking Greece
By keeptalkinggreece
The culprit ran away shouting “Greece!”. The journalist was unconsious for a couple of minutes, now waiting for the ambulance. Telloglou works for Skai TV and Kathimerininewspaper. 14:45 Five protesters have been detained and taken to ... June 15, 2011 at 11:55 am. “For 21 days the protests were peaceful. However the 'iron & plexiglass wall' seems to have the same effect as a piece of a red cloth has on a bull.” That's an old discussion. Is police presents causing or ...
Keep Talking Greece
ECB's Stark says Greece must privatize : Forex News and Commentary ...
By John Teister
ECB's Stark says Greece must privatize. Written June 15, 2011 at 1:25 AM EST by John Teister ... Get your daily dose of forex news and commentary in the comfort of your own inbox... Just fill out this form: ...
Forex News and Commentary by FXDD
Austrian FinMin Fekter: Letting Greece default would pose great ...
It seems that the Greece issue is pulling the Euro down the slippery slope this morning. Grease it up for a long slide? Gerry Davies on June 15th, 2011 07:44 GMT. Morning Steve, going to need some new news to grease it. looks like we ...
ForexLive
World Maritime News - Greece: Excel Maritime Fixes Two-Year Time ...
By dt_com
Source: ExcelMaritime, June 15, 2011; Image: Shipspotting, Nov 25, 2009. Advertisement. Related articles. Greece: Euroseas Ltd Announces Time Charter Renewals for Two Containerships · Excel Maritime Takes Delivery of MV Powerful, ...
World Maritime News
Morning News Notes: 6.15.11 | eWallstreeter
By Guy Lerner
The “Morning News Notes” as prepared by good friend TL….Greece and Fed on hold at next week's meeting. Click to down load the “Morning News Notes: June 15, 2011″ or click on the coffee cup!
eWallstreeter
Press Review Wednesday 15 June 2011 | Radio Netherlands Worldwide
By News Desk
All the front pages cover the question of whether Greece should get another financial bailout from the EU. NRC Handelsblad tempers the question with favourable news from the Dutch central bank (DNB). It says growth will this year be 2.2 ...
Greece crippled by protests, strike over austerity
By Yahoo Financial News
Wednesday, June 15th, 2011 | Finance News Tweet. ATHENS, Greece – Greek police deployed in strength Wednesday to prevent some 20000 anti-austerity protesters from blockading Parliament, where the struggling government will launch a ...
Financial News
NewsDaily: Greece default fallout can be contained:ex-IMF chief ...
By Daniel Flynn and John O'Donnell
Posted 2011/06/15 at 3:49 am EDT. SINGAPORE, June 15, 2011 (Reuters) — The fallout from a Greek debt default can be contained if European leaders reached an agreement to let the restructuring take place in an orderly manner, former IMF chief economist Raghuram Rajan said on Wednesday. Former International Monetary Fund's Chief Economist Raghuram Rajan speaks during a news conference on the World Economy Outlook in Singapore in this September 14, 2006 file photo. ...
NewsDaily: Top Headlines
Rice Farmer: News Links, June 15, 2011
By Rice Farmer
Tuesday, June 14, 2011. News Links, June 15, 2011. ## Global economic meltdown ## Canada Post Strike: Toronto, Montreal Next As 15000 Workers Walk Out In Canada's Biggest Cities · Jim Rogers tells India press US should be downgraded ... " Protesters said they would surround the Greek parliament on Wednesday to prevent debate, putting new pressure on the government to drop its austerity plan, and two ruling party lawmakers said they would vote against the measures." ...
Rice Farmer
VIDEO: Greek activists plan action | Greece News Map
Greece news: June 15th 2011. This page is devoted to the particular event named above. You may use the navigation bar below to see what happend on Wednesday ...
www.maplandia.com/.../video-greek-activists-plan-action-201...
Greece hit by anti-austerity strike | World news | guardian.co.uk
Unions bring public services to a standstill as Socialist government prepares further cost-cutting measures.
www.guardian.co.uk/world/2011/.../greece-anti-austerity-strik...
UPDATE – Greece: General Strike – June 15 | Keep Talking Greece
Greece: General Strike – June 15 [...] Reply. AntonisX says: June 14, 2011 at 12 :04 am. *BREAKING NEWS* The Spartans are coming to Syntagma! ...
www.keeptalkinggreece.com/.../greece-general-strike-june-15/
Ledger-Enquirer.com | 06/15/2011 | Greece crippled by protests ...
News Archives Web Search powered byYAHOO! SEARCH ... Wednesday, Jun. 15,2011. Greece crippled by protests, strike over austerity ...
www.ledger-enquirer.com/.../greek-strike-targets-extended.ht...
Trouble brews over second Greece bailout - Related news - 6/15 ...
Trouble was brewing Wednesday over plans for a second bailout of Greece, ... Trouble brews over second Greece bailout - SaiGon GP English - - Related news - 6/15/2011 ...when European Union leaders gather for their June 23-24 summit. ...
en.baomoi.com/Info/Trouble-brews-over.../2/153436.epi
Greece crippled by protests, strike over austerity | AP | 06/15/2011
LATEST BUSINESS NEWS. Lockheed to cut 1200 jobs, affecting Newtown site ...Teachers vent over pink slips. Posted on Wed, Jun. 15, 2011 ...
www.philly.com/.../20110615_ap_greececrippledbyprotestsstr...
Greece hit by general strike, austerity protests - World - CBC News
Skip to main content; Skip to Greece hit by general strike, ... CBC News World ... Last Updated: Jun 15, 2011 10:57 AM ET. Back to accessibility links ...
www.cbc.ca/news/world/story/.../greece-strike-protests.html
RealClearMarkets - Reuters - Markets - Jun 15, 2011 - Wall Street ...
June 15, 2011. Wall Street drops on Greece fears, data. Rodrigo Campos. NEW YORK (Reuters) - Stocks fell early Wednesday on worries the Greece debt crisis ... In other economic news, U.S. core consumer inflation rose more than expected ...
www.realclearmarkets.com/.../wall_street_drops_on_greece_fe...
Greece crippled by strike, protests over austerity - WMDT 47 News ...
WMDT 47 News - Delmarva's ChoiceGreece crippled by strike, protests over ...Greece crippled by strike, protests over austerity. Posted: Jun 15, 2011 1:09 ...
www.wmdt.com/Global/story.asp?S=14909506
Greek anti-austerity protesters clash with police - National News ...
AAA Jun. 15, 2011 7:21 AM ET Greek anti-austerity protesters clash with police ...Press THE ASSOCIATED PRESS STATEMENT OF NEWS VALUES AND PRINCIPLES...
hosted2.ap.org/.../id-8d3b753bd55d4cee9d238ac205b56564
Keep an eye on Greece tomorrow : News & World Events
15 June 2011 the middle term agreement ( another bail out + austerity measures + ...with a total population of 11 million people , Greece has so far +/- ...
www.disclose.tv/.../keep-an-eye-on-greece-tomorrow-t53213...
Greece debt worries send stocks down sharply | nj.com
AP Breaking News & Headlines. Find the latest national, world and local NJ ... Greecedebt worries send stocks down sharply. June 15, 2011, 9:44 a.m. EDT ...
www.nj.com/.../5a3c445e46e9492cad039178ee52e01f

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