 Deutsche Bank Reduces Peripheral Europe Risk, Takes Writedowns on Greece Bloomberg Net sovereign risks related to Portugal, Italy, Ireland, Greece and Spain fell to 3.67 billion euros ($5.32 billion) as of June 30 from 12.1 billion euros at the end of 2010, the Frankfurt-based bank saidtoday in a statement on its website. ... See all stories on this topic » |
| Greece mirrors Argentina collapse China Post They floated a balloon asking: “Yesterday, Argentina; Today, Greece; Tomorrow?” That vote cleared the way for a second EU/IMF bailout for Greece that has pacified financial markets for the time being. But opinion is divided over what the future holds ... See all stories on this topic » |
| Moody's agency cut Greece's credit rating by three steps IBTimes Moody's rating agency said in a statement today that it downgraded Greece's credit rating by three steps from Caa1 to Ca, saying that the EU's bailout package for the Greece implies "substantial economic losses" for private creditors. ... See all stories on this topic » |
| Kipling's game theory lessons for Greece Financial Times Today, the Danes are in the south of Europe, not the north; the greedy coastal raiders of Viking times are now the officers and traders of investment banks; the Tea Party warriors enjoy the fanaticism that comes from the certainty that they are right. ... See all stories on this topic » |
| 73.0 F (23.0 C) Wind: Southwest 5.8mph - Greeley/Weld (awos), CO Greeley Gazette Today's subject centers around how the European Union was snookered into accepting debt-riddenGreece. This is the second part of a series exploring why the shaky global economy continues to defy experts and remains on the path to collapse. ... See all stories on this topic » |
| Is Germany about to cut Greece adrift? FinancialAdvice.co.uk The lack of specific comment regarding the Greek problem has spooked many investors and indeed the euro is coming under pressure again today. It is also interesting to see that the International Monetary Fund (IMF) was also fairly vague in its support ... See all stories on this topic » |
| Greece cheers US support ahead of second bailout Oman Tribune This is the real reason of my visit here in Washington today.” “Let me be clear: Europe knows, the IMF knows, we all know it does not work without continued IMF support,” the Institute of International Finance (IIF) managing director Charles Dallara ... See all stories on this topic » |
| Stop Loss Terminator Algo Reemerges, Picks National Bank Of Greece ... By Tyler Durden Observe the stock chart below: it shows the trading in the stock of one of the most insolvent companies in the world: the National Bank of Greece. The pattern should be familiar. It is the very comparable "fractal" algo pattern that we have grown to love and miss. ... Net income decreased 8% to $191 million in the second quarter, or $0.41 per diluted share, compared with net income of $207 million, or $0.45 per diluted share, in second quarter 2010. ... |
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