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Jul 22, 2011

GREECE News, Jul 22, 2011


More than 3000 in Greece, Rochester without power in today's heat
Fairport-E.Rochester Post
By Amanda Seef, staff writer Rochester Gas & Electric reports that the bulk of Monroe County's outages are in Greece, where more than 1700 homes and businesses do not have power. The outages are centered around the east side of the town, near McCall, ...
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Hong Kong Stocks Rise as Greece Rescue Plan Eases Debt Concern
Bloomberg
... on the index to 11.8 times forecast earnings, compared with about 14.4 times at the end of 2010. Stocks fell amid concern Europe wouldn't be able to reach agreement on a bailout for Greece and as the US economic recovery showed signs of slowing. ...
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Eurozone strikes 159-billion-euro Greece rescue
DAWN.com
... Greece from its debt crisis began to filter out. “The markets feel quite secure that significant progress will be made today that will probably change the shape of the Eurozone as we know it,” said Kathleen Brooks of research group Forex.com. ...
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DAWN.com
Greece, Germany Work on Plan to Tighten Economic Cooperation
Bloomberg
“Greece needs serious, medium-term investments,” Chrisochoides told the German Association of Industry in a speech in Berlin today, according to an e-mailed transcript and press release from his Athens-based office. “This is the basic characteristic of ...
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Japanese, Australian Stock Futures Rise on Greece Rescue Plan, Earnings
Bloomberg
Futures on Australia's S&P/ASX 200 Index gained 1 percent today. New Zealand's NZX 50 Index increased 0.4 percent in Wellington. “Confirmation there's going to be more support for Greeceeases concern about the financial system and it gives investors a ...
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News Wrap: Eurozone, IMF Agree to Second Greek Bailout of $155B
PBS NewsHour
HARI SREENIVASAN: Leaders of the Eurozone nations agreed today to give Greece a second bailout worth $155 billion. The International Monetary Fund would join in the package, as would private investors to the tune of $53 billion. At the same time, ...
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France's Baroin Says EU Has Found 'Durable' Plan for Greece
San Francisco Chronicle
July 22 (Bloomberg) -- The European Union has found a "durable" plan for Greece, French finance minister Francois Baroin said today. He's speaking in an interview on France's RTL radio station. Man previously identified as the suspect, Giovanni Ramirez ...
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Asian Stocks Rise, Erasing Year's Loss, as Europe Agrees Extra Greece Aid
Bloomberg
Futures on the Standard & Poor's 500 Index added 0.2 percent today. The index rose 1.4 percent yesterday in New York as European officials announced 159 billion euros ($230 billion) in new aid forGreece to stop the region's debt crisis from spreading. ...
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T Minus 1 And Counting To Financial Armageddon
Business Insider
Markets rallied slightly today with news of a proposed Greece 2.0 bailout package and a possible debt ceiling deal emerging in Washington. European leaders led by President Nicolas Sarkozy of France and Chancellor Angela Merkel of Germanyhammered out ...
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Business Insider
MONEY- THE EU MUST ACT ON GREECE TODAY
The EU must act on Greece today or risk a markets 'crush'. by Max Julius on Jul 21, 2011 at 00:01. Eurozone leaders must announce credible steps to tackle ...
www.rightsandwrongs.co.uk/.../9844-money-the-eu-must-act-...

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