Today: GREECE News, Jul 23, 2011

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Jul 23, 2011

GREECE News, Jul 23, 2011

Fitch to give Greece part default rating
RTE.ie
Credit rating agency Fitch said today that it will give Greece a selective default credit notation, the day after the euro zone agreed a new rescue for Greece totalling about €109 billion. The agency judged that the rescue, involving a reorganisation ...
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Is America The Next Greece?
Forbes (blog)
Open heart surgery (loans guaranteed by others) has averted the immediate crisis, butGreece is just as overweight today as it was before the crisis. Attempts to lose weight through exercise (austerity measures) cause serious chest pains (riots). ...
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Greece Will Never Recover - Why Isn't Anyone Admitting It?
Business Insider
Reuters reports today that “Investors (and markets) welcome Greek rescue package.” Quoting an “expert” echoing the world's sentiment about this SECOND Greek bailout," The deal is positive. A debt/growth deal is the only solution for an insolvent ...
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ISDA Says EU's Aid Package 'Shouldn't Trigger' Greece Credit-Default Swaps
Bloomberg
Ratings companies have signaled such a plan may result in Greece being given a default rating, with Fitch Ratings saying today that the nation faces a “restricted default” tag. That still doesn't satisfy ISDA's rules for triggering payouts on Greek ...
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65% Bondholder Haircut May Be Necessary To Give Greece “Fighting Chance”
istockAnalyst.com (press release)
Greece will suffer along for a while. Fitch today said Greece has entered "selective default" due to the private sector involvement in the latest kick-the-can schemery. These short-term fixes will be attempted, even though they seem destined to fail. ...
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India's Nifty Stock Futures Advance as Greece Deal Eases Contagion Concern
Bloomberg
The company raised call tariffs to 1.2 paise a second from 1 paise in some zones, Bloomberg UTV reported today, citing NewsWire18, sparking investor optimism the move will boost its earnings. Axis Bank jumped 4.6 percent to 1296.9 rupees after its ...
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China's Stocks Rise, Paring Weekly Loss, Amid Greece Aid Plan
San Francisco Chronicle
China International Capital Corp. raised its 2011 earnings-per-share forecast for Gansu Jiu by 12 percent to 0.42 yuan, citing growth potential for iron-ore output, analyst Luo Wei wrote in a reporttoday. Indexes tracking health-care stocks advanced 1 ...
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At-the-Money Calls in Play on National Bank of Greece
Schaeffers Research (blog)
National Bank of Greece (NBG - 1.47) is in the spotlight today, after euro-zone heads of state reached an agreement on the terms of a Greek bailout. The US-traded shares are up 0.7% this afternoon, and NBG is currently on pace to collect a second ...
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'Using Greek electricity inappropriate!'
Today's Zaman
The balance of power and morale between the “protectors” Turkey and Greece is today more in favor of the Turkish side than it has ever been. On one hand, we have a Turkey whose economy -- the 16th largest in the world -- is also the fastest growing in ...
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Apple. #1 stock prices of apples in Greece in 2010 Sale Lowest ...
July 21, 2011 Best Buy stock prices of apples in Greece in 2010 Sliven, Bulgaria Sale lowest Price in U.S. stock prices of apples in Greece in 2010 Time ...
www.everybestprice.com/stock_prices_of_apples_in_Greece_i...
Today's Market: Greece aid plans bring cheer - Indian Stock Market ...
Indian stock markets are trading firm. The BSE Sensex is currently trading up. Among the stocks moving the market are Infosys and RIL.
www.equitymaster.com/TM/tm.asp?date=07/22/2011...

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