Today: GREECE News, Jul 14, 2011

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Jul 14, 2011

GREECE News, Jul 14, 2011

Euro CDS: Market Remains Pensive With Greece Unresolved
IMarketnews.com
LONDON, July 13 (MNI) - European credit markets have had a mild recovery in most sectors today, but markets still feel very pensive with no announcement forthcoming from EU ministers on a solution for Greece. One story in focus today is the report in ...
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German Government Bonds Rally as Greece Downgrade Boosts Demand for Safety
Bloomberg
Italy plans to sell more than 3 billion euros of debt today. The 10-year bund yield dropped two basis points to 2.73 percent as of 7:40 am in London. It reached 2.50 percent on June 12, the lowest level since Nov. 12, as contagion from Greece's debt ...
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British teenager Robert Sebbage stabbed in Greece
TNT Magazine
"Can truly say like DMills, one of my closest friends. known you for years and more cannot believe your gone. you'd be happy to know all of our groups got together todaywhen we found out about this. reminisced about all the great times all of us ...
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Fitch downgrades Greece to CCC
Telegraph.co.uk
"Today's rating action by Fitch does not affect the Greek banking system, and this will become clear as soon as the new program comes into effect," the statement added. The move came as the IMF said that Greece needs an additional €71bn in European...
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Pound Near One-Month High Versus Euro as Greece Credit-Rating Downgraded
Bloomberg
No UK economic data is scheduled to be published today. The debt management office will auction 2 billion pounds ($3.2 billion) of 4.25 percent 2040 bonds. The pound traded at 88.03 pence per euro as of 7:20 am from 87.94 pence yesterday, ...
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Let the Celtic Tiger Roar Again
Wall Street Journal
Here again, the comparisons are instructive: In 2010, exports from Ireland accounted for 103% of GDP, compared to just 21% of GDP in Greece. Today Ireland is operating under the cloud of bank debt and the threat of default that will ultimately force ...
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Greece Has 'Little Scope for Deviation' in Program, IMF Says
Bloomberg
While there's been no request for a new aid package, the IMF is thinking about what the financing needs may be and what its contribution may amount to, Poul Thomsen, the mission chief to Greece, said on a conference call with reporters today. ...
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Fleet Management Solutions Announces Third Quarter Operating Profit.
PR Newswire (press release)
PK - FLMG), a provider of numerous comprehensive automobile fleet management solutions inGreece and other Balkan Nations, today announced revenue and profits for its third fiscal quarter ended March 31, 2011. The Company also reaffirmed its revenue ...
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Italy: Too Big to Fail?
PBS NewsHour
I mean, if you have to think about a rescue package for Italy, no one today has the money to put it up. I mean, let's face it. As you said before, Italy is six times the size of Greece. So, I think that everybody should be quite calm. ...
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Gold Prices today; Silver Prices Today; Gold Silver Price Per Ounce; Spot gold ...
Learning and Finance
Investors on Wall Street have been worried over the state of the economic recovery in the US and oversees developments in Greece, Italy and China were increasing anxieties as well. Some of these worries dissipated today as better than expected news ...
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US worse than Greece (From Russia Today, July 4-2011) - A T T K A
In the second half of the show, Max talks to economist Yanis Varoufakis about the bailout and austerity packages for Greece. Source: Russia Today ...
attka.com/.../us-worse-than-greece-from-russia-today-july-4-2...
 

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