GREECE News, Aug 05, 2011

Royal Bank of Scotland posts £794m loss after Greece hit Telegraph.co.uk Part-nationalised Royal Bank of Scotland today swung to a half-year loss as it took a £733m hit on its exposure to Greece's debt-laden economy. The bank reported a loss of £794m in the six months to June 30, compared with a £1.1bn profit last year. ... See all stories on this topic »

Turmoil in Europe spills into US markets USA Today Fears that the debt crisis that started last year in Greece is spreading to much larger economies such as Spain and Italy roiled markets around the world, sending investors scurrying out of everything from gold to oil to stocks. ... See all stories on this topic » USA Today

Portugal's New Austerity Fails to Bring Down Borrowing Costs: Euro Credit Bloomberg By Joao Lima - Thu Aug 04 23:01:00 GMT 2011 July 25 (Bloomberg) -- Otto Waser, chief investment officer of R&A Research & Asset Management AG, discusses the European sovereign debt crisis after today's downgrade by Moody's Investors Service of Greece's ... See all stories on this topic »

The global craze for austerity will result in more pain ABC Online According to this compelling portrait of the country's woes by Aditya Chakrabortty of The Guardian, "Greece today looks like parts of Latin America in the worst moments of its financial crisis". Greece's official unemployment rate is 16 per cent, ... See all stories on this topic » ABC Online

Greece Must Consolidate Budget to Calm Euro Area, Roesler Says San Francisco Chronicle Only once they do that will European leaders consider further measures, Roesler, who is also Chancellor Angela Merkel's deputy, told reporters in Oslo today. "The problems that arose in several nation states should be solved on a national basis," ... See all stories on this topic »

Europe's Plan Won't Cut Greek Debt: Allen, Eichengreen and Evans Bloomberg A 21 percent reduction in net present value sounds impressive, but it has no bearing on the amount by which the exchange will reduce Greece's debt. No one appreciated that 30-year zero-coupon bonds are much more expensive in today's low-interest-rate ... See all stories on this topic »

Gambling Review News » Blog Archive » Greece ignoring EU about ... It seems that Greece is content to ignore the European Commission when it comes to their online gambling regulations. Today the country is pushed forward ... www.gamblingreviews.com/news/?p=2318

The OECD forecast: Greece will return to ... - Stock Market Today Organization for Economic Cooperation and Development 2 predicts that the Greek economy will grow by 0.6%. This will be a continuous decline in. www.stockmarkettoday.cc/the-oecd-forecast-greece-will-retur...

Yup. Italy becoming the next Greece today started it today. Italy becoming the next Greece today started it today. Posted by nm on August 04 , 2011 at 21:38:00: In Reply to: Heard a woman from the Stock Exchange say ... members.sitegadgets.com/Restuvus4/board/87732.html

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