Forbes Image by Getty Images via @daylife The latest discussions in Europe are signaling steeper Greekdebt cuts than the 21% previously on the table, prompting analysts at Nomura to release a note Wednesday warning that a disorderly default is now the most ... See all stories on this topic » | ||
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| Most Greek bailout money has gone to pay off bondholders Washington Post As the country struggles with a collapsing economy, violent strikes and historic levels of unemployment, a new analysis of an international bailout program shows the degree to which money provided to support Greece has been used to pay off its debts to ... See all stories on this topic » | ||
| Greece may return to markets sooner than 2021, PM says Reuters ATHENS (Reuters) - Greece may be able to return to bond markets sooner than in 2021, the year in which it is expected to do so by the International Monetary Fund, the Greek prime minister said on Thursday. "If we manage to implement reforms fast, ... See all stories on this topic » | ||
| Crude Oil Declines Most in Three Weeks on US Inventory Gain BusinessWeek The principal goal of the summit is to lower Greece's debt level to 120 percent of gross domestic product by 2020, German Chancellor Angela Merkel said. The current level is about 160 percent. TheGreek deadlock darkens the summit's prospects, ... See all stories on this topic » | ||
| Shadow Banking, Greek Debt Writedown, Avon Sinks: Compliance BusinessWeek The shadow-banking system had liabilities of about $16 trillion in the first quarter of 2010 and has contributed to real estate asset-price bubbles, according to a report by the Federal Reserve Bank ofNew York last year. The FSB said that more work ... See all stories on this topic » | ||
| Commerzbank Q3 Greek writedown 750 mln eur-sources Reuters Greece's financial position has deteriorated further in recent months and private sector creditors arenow mulling a haircut of around 50 percent, prompting the additional writedown at Commerzbank, one of the sources said. DZ Bank analyst Matthias ... See all stories on this topic » | ||
| New bailout deal turns Greeks into IMF-ers – Max Keiser RT The Greek people are losing their sovereignty to the International Monetary Fund, said the host of the Keiser Report show on RT. Another “stop-gap measure” to cure the ailing Greek economy comes in “dead on arrival” and will not support Athens for too ... See all stories on this topic » | ||
| Brussels: Still no agreement on cutting Greece's debt Tulsa World Two identical twins in Indiana now have another birthday in common: They delivered babies on the same day at the same hospital. The Herald-Times reports 21-year-old Jessica and Jennifer Patterson gave birth Wednesday at Indiana University Health ... See all stories on this topic » | ||
| IEA calls on Greece to reform electricity, gas markets Platts The International Energy Agency has called on Greece to reform its electricity and gas markets to help "add efficiency and dynamism" to the Greek economy, the Paris-based agency said Thursday as it presented its new country study of Greece. The report ... See all stories on this topic » | ||
| Greek media gives extensive coverage to visit by senior Chinese official Xinhua It stressed that Greece was going all out to attract Chinese investments and boost bilateral relations. A report in the weekly Proto Thema (Top Story) said Jia's visit would start a new chapter in bilateral relations. See all stories on this topic » | ||
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| Author and Top Greek TV Chef Makes a Move to New York City With Opening of Loi ... Sacramento Bee By Maria Loi NEW YORK, Oct. 26, 2011 -- /PRNewswire/ -- Maria Loi, cookbook author and one ofGreece's top culinary talents and media entrepreneurs, announces the opening of her newest Greek restaurant and first in New York, Loi. ... See all stories on this topic » | ||
| Ireland 'won't follow Greece' Sunday Business Post Following a gloomy report on Greece's position, the EU is now moving towards reopening the July deal, inwhichGreece's lenders accepted a 21 per cent loss, and are now set to seek writedowns of at least 50 per cent. The Greek write-down will also ... See all stories on this topic » | ||
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| Greeks warming to Berlin real estate Kathimerini Despite the sensation caused by the German report, which suggested a flurry of sales, the actual number of houses purchased by Greeks so far is small. Just four houses were in fact purchased fromGreece according to Scherer, though it is estimated that ... See all stories on this topic » | ||
| The Hard Work in Europe Starts Now Barron's Both Greece and Italy also promised to take even more austerity measures. Financial markets reacted positively now that European leaders, after weeks of dithering and haggling, came through with a new bailout strategy. What European leaders really ... See all stories on this topic » | ||
| Greece Debt Sustainability Report By Official Creditors - 1 MNI News In this scenario, E252 billion worth of new public money would be required to fill the hole -- nearly 2.5 times the E109 billion pledged in the now-moribund July 21 agreement on a new bailout plan. Thereport noted that the European Central Bank, ... See all stories on this topic » | ||
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| Big banks under pressure in Europe crisis CBS News Eurozone finance ministers said Saturday they have agreed that banks should accept substantially bigger losses on their Greek bonds, with a new report suggesting that writedowns of up to 60 percent may be necessary. (AP Photo/Virginia Mayo) (Virginia ... See all stories on this topic » | ||
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| Greece saved, for now; US GDP in sight TradingFloor.com (blog) Of course plenty of obstacles remain such as the austerity-induced recessions which may make targets unobtainable, the question of whether the haircut is a CDS-triggering event and whether this will actually contain the rapid expansion of the Greek ... See all stories on this topic » | ||
| For debtholders, haircut on Greece looking like buzz cut Globe and Mail "There is precious little that is new to point to by way of developments in Europe apart from the ongoing tensions concerning the extent to which Greek debt may be written down," the economists said today. "Policymakers have a unified mandate to seek a ... See all stories on this topic » | ||
| European Stocks Gain on China Growth; BHP Billiton Rises, Greek Banks Drop Bloomberg National Bank of Greece SA (ETE) tumbled 21 percent amid reports that creditors may have to write down as much as 60 percent of their holdings in Greek debt. The benchmark Stoxx Europe 600 Index rose 1.3 percent to 242.03 at the close in London, ... See all stories on this topic » | ||
| Faber Says Investors Should Accept Greek Writedown of 90 Percent BusinessWeek By Corinne Gretler Oct. 26 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom and Doomreport, said Greece is bankrupt and bond investors should have to take losses of 90 percent on their holdings as part of a solution to Europe's debt crisis. ... See all stories on this topic » | ||
| Five world markets themes in the coming week Reuters By contrast, the ECB, with new President Mario Draghi in charge for the first time, may flag a rate cut. If it does not and the US jobs report disappoints, the positive sentiment that greeted the euro zone deal, and the riskier assets it supported, ... See all stories on this topic » |
| Deal ... - Greece.GreekReporter.com Latest News from Greece By Emmanouela Seiradaki All eyes in Greece were firmly fixed on Brussels last night as the latest attempt by EU leaders. ...Greece.GreekReporter.com Latest News from Greece Greek News on Politics, Sports, Entertainment & Economy. News · Politics ... That will require banks to take on 50% losses on their Greek bond holdings — a hard-fought deal that negotiators will now have to sell to individual bondholders. ..... An interim report will be presented in December 2011 so as to agree on first orientations. ... Greece.GreekReporter.com Latest... |
| Greeks react to bailout by dressing up Merkel as Nazi — RT By RT Harsh austerity measures imposed on the Greek people are making them look to the past for unfavorable comparisons. Overnight, posters featuring ... Go to main page News Greeks react to bailout by dressing up Merkel as Nazi. MORE ON THE ... With 37 people reportedly killed by Syrian security forces in anti-government protests on Friday, opposition activists are now urging protesters to rally for a no-fly zone over the country – a move tantamount to foreign intervention. Arab world ... News RSS : Today |
| Investors in ... - Greece.GreekReporter.com Latest News from Greece By Andy Dabilis BRUSSELS - Officials of the Eurozone, the 17 countries who use the euro as a currency, have confirmed that banks and investors in Greece will lost at least. Greece.GreekReporter.com Latest... |
| GREEK NEWS AGENDA: Tribute to the Epic of 1940 By GRECEHEBDO "Until now, we knew that Greeks were fighting like heroes; from now on we shall say that heroes fight like Greeks." Winston Churchill, 1940. October 28 is a National holiday in ... exhorted all Greeks to demonstrate courage and patience. Apart from theatre, cartoons were also inspired by military communiqués and reports from the front with well-known cartoonists such as Phokos Dimitriadis and Antonis Vottis making their best to reinforce the morale of the population through laughter. ... GREEK NEWS AGENDA |
| Piecing Together Living Our Values « Old Gold & Black By news Although this report is neither new, nor breaking news, it contains a broader plan for the university that we are now feeling the effects of today, much to the ignorance of most undergraduate students on campus. This report was made for the purpose of ... “Our plans for the future involve bringingGreek organizations back on campus and strengthening the harmony and community betweenGreeks, independents and the entire university,” the report states. The construction of the Barn is ... Old Gold & Black |
| Education News » Americans: Awash In Spin By EducationViews.org On October 27, 2011, the US government announced some routine economic statistics, and the president of the European Council announced a new approach to the Greek sovereign debt crisis. The result of these funny numbers and mere words sent the ... good news, but consumer sentiment is in the basement. John Williams reports that “consumer confidence hit the lowest levels ever recorded in 2008 and 2009” and that consumer confidence has now “fallen back to that 2008 level. ... Education News |
| ekathimerini.com | Progress, but no results Private sector holders of Greek government bonds agreed in July to a 21 percent writedown in the value of their holdings to reduce Greece's debt burden, but this is now deemed too little. A troikareport seen by EU leaders before their meeting ... ekathimerini.com : Latest News |
| Man killed in Greek austerity protests - 20 October 2011 | Business ... 8.30pm: The latest word from Greece is that at least 74 people were taken to .... 3.49pm: Greekmedia are now reporting that a man has died in Athens after being ... Skai News says a 53-year-old construction worker died of a heart attack after ... www.guardian.co.uk/business/blog/.../eu-crisis-emergency-talk... | ||
| greeks-strike-as-parliament-votes-on-new-austerity-measures - Newsy Greeks demonstrate and hold a 48 hour general strike in response to new ... What's really strikingnow is the broader spectrum from the Greek work force of four million ... As Danish newspaperInformation reports, cuts already made have been ... www.newsy.com/.../greeks-strike-as-parliament-votes-on-new-... | ||
| Banks nowhere near deal on Greece - World news - Europe - msnbc ... A new report from Athens' international debt inspectors — the European ... "I believe we are nowarriving at a more realistic view of the situation in Greece," said ... www.msnbc.msn.com/id/.../banks-nowhere-near-deal-greece/ | ||
| Greece general strike begins over spending cuts (latest news) | The ... At the end of June, they were owed $21.3 billion by the Greeks, down from $23.7 billion during the ...Protesters on Fire: More VIDEO of fierce battles in Athens http ://t.co/SiZyBEwp #greece #news ...Listen to @asteris and @irategreek reporting from #athens on the protests in #greece in ... Nowriot police firing tear gas. ... thewall.com.au/.../56465-greece-general-strike-begins-over-sp... | ||
| EU banks to boost capital buffers by June - Hawaii News Now ... Hawaii News Now, Hawaii's live local late breaking news leader. ... Marine Corps wants nation to honor first black Marines; story to be taught in basic training More >> ... Polish Finance Minister Jan Vincent-Rostowski announced the new rules ... On Greece's debt, for instance, they could soon be asked to take substantial ... www.hawaiinewsnow.com/.../eu-banks-to-boost-capital-buffer... | ||
| America Braces for European Economic ... - U.S. News & World Report US News & World Report Politics ... But, now, with the worst threat to the global economy occurring offshore, there's not much ... [Read: Rick Newman: What Will Happen if Greece Defaults.]... Get a new challenge Get an audio challenge Help ... www.usnews.com/.../america-braces-for-european-economic-f... | ||
| Europe crafts debt deal that pleases markets - KHQ Right Now ... KHQ Right Now - News and Weather for Spokane and North Idaho | Europe crafts ... Marine Corps wants nation to honor first black Marines; story to be taught in ... on Greece's debts and to boost the region's weapons against the market turmoil. ... billion ($42 billion) on guaranteeing the remaining value of the new bonds. ... www.khq.com/story/.../eu-banks-to-boost-capital-buffers-by-j... | ||
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| Greeks Fear They Are Losing Their Sovereignty | KCLU - NPR ... In addition, many Greeks also fear that they are losing their sovereignty and ... The Nuntius stock brokerage firm is, unlike similar offices in New York or London, deathly quiet. ... "Greece does not decide, now the troika people decide, and they make ... Newspaper publisher and journalist George Kirtsos says it's one thing to ... www.kclu.org/npr/?id=141769979 |
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