Today: GREECE News, Jul 06, 2011

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Jul 6, 2011

GREECE News, Jul 06, 2011

Euro exchange rate today: Greece just won't go away
Euro Exchange Rate News
"With investors having fully digested the weekend news that the EU is to release the next quarterly tranche of cash to Greece, attention is already starting to focus on the next hurdle. A second Greek rescue program is clearly in the pipeline, ...
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China Is Not The Next Greece
FN Arena News
This has not happened because Greece is a member of the eurozone and thus shares the common currency with sixteen other nations. In 1998, Russia defaulted on its debt. It has not been a smooth recovery, but today Russia is included among the emerging ...
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Moody's Cuts Portugal on Possible Greek Follow
Bloomberg
By Sandrine Rastello and John Detrixhe - Tue Jul 05 22:47:11 GMT 2011 Portugal is the second euro country rated non-investment grade by Moody's Investors Service, joining Greece, after winning a 78 billion-euro ($113 billion) international bailout in ...
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Greece Needs Long-Term Plan, Not Gimmicks, Economist Sachs Says: Tom Keene
Bloomberg
Christine Lagarde, who started today as managing director of IMF, should say there will be no more short-term gimmicks and force a discussion of a long-term fix to Greece's debt problems, Sachs said.
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Canada Bond Prices Rise On Uncertainty Over Greece's Debt
Wall Street Journal
"The movement today is not event-driven but more of background concerns over Greece. And there's a feeling that US payroll data won't be as great a number on Friday," said Mark Chandler, head of Canadian fixed income and currency research at RBC ...
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Australian Michael Coleman among Gaza flotilla activists detained in Greece
Herald Sun
From: AP PRO-Palestinian activists say two Canadians and an Australian linked to a flotilla that tried to leave Greece for the Gaza Strip have been detained. David Heap, a spokesperson for a boat that tried to leave Greece despite a ban, said today the ...
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Missing Greece woman, 85, is found
Rochester Democrat and Chronicle
Salamone was reported missing today, after she did not return from a drive. She had left her Greece home in her car about 6 pm yesterday, said Lt. Jason Helfer of the Greece Police Department. Henderson said Salamone's family headed to Binghamton this ...
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TRADERS ABANDON SHIP ON SHARES OF NATIONAL BANK OF GREECE, SHARES DOWN 4.7% (NBG)
Zacks.com
Approximately 2 million shares have traded hands today vs. 30-day average volume of 6.1 million shares. High volume often signals a change in trends. Shares of National Bank of Greece are currently trading below their 200-day moving average (MA) of ...
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Canadian Dollar Advances Against Euro on Higher Crude Oil, Greece Concern
Bloomberg
The reductions stem partly from “the growing risk that Portugal will require a second round of official financing before it can return to the private market,” Moody's said today in a statement. The Swiss franc and the greenback, traditional havens, ...
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Today's Dow Jones Industrial Average DJIA Nasdaq S&P 500 Index Stock Market ...
Learning and Finance
Positive news did post pertaining to the situation in Greece. It stems from the billions that were approved over the weekend by the European Union to bailout Greece. Other positive economic news posted in the US via the Commerce Department today. ...
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Renzo Piano in Greece - Curbed National
By Sarah Firshein
Today Arch Record runs a profile of the soon-to-be-built Stavros Niarchos Cultural Center in Athens. Designed by Renzo Piano, the complex, costing $803M, will boast a 1400-seat theater and a...
Curbed National

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