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Posts related to ‘Greek austerity’

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What’s Important in the Financial World (2/20/2013)

New Greek Austerity Protests The masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large ...
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Greece Granted Another Extenstion to Reach Budget Goals

The most important story out of Europe today is that Greece has been given an extension to reach its austerity and budget goals. The region's finance ministers did not have ...
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Yet Another Turn South for Greece

Hold your hand up if you are just about as sick of hearing about Greece. The Greek people are being forced into more pain and the nation seems to need more ...
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Greek Strikes Ahead of Austerity Vote

The Greeks continued to prove that they can be their own worst enemies. Constant strikes there take businesses offline and almost certainly hurt the flow of tourism critical to the ...
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Greek Prime Minister Pushes for “Final” Austerity Measures

Greek Prime Minister Antonis Samaras says that Greece could be ousted the eurozone if the debt-laden country’s parliament fails to approve a new round of austerity measures. The parliament is ...
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Greece Teeters on the Brink — Again

Europe's economic problems will be pushed off of the front pages, at least while the East Coast braces for Hurricane Sandy and its aftermath. But the bailout of Greece is ...
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France and Germany Still Press for Greek Austerity

The relationship between Germany and France on the one hand and Greece on the other spins from accommodation to exasperation in an almost regular cycle. Despite support of the euro, in concept, ...
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Greek Unemployment at 23.1% as Government Seeks Layoffs

Greece may not be very large by gross domestic product or population, but it could be the single most important test for the effects of austerity. Its unemployment rate is ...
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Suppose Greece Works

New Democracy’s Antonis Samaras’s party won the national elections in Greece. But it did not win a majority. His pro-austerity party will try to create a coalition now. The odds appear to in ...
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What’s Important in the Financial World (2/13/2012) Record Gas Prices, Valentine Sales

The mess in Greece will not go away, even though the nation’s parliament voted by an overwhelming margin to accept austerity measures to get a 130 billion euro bailout, its second. ...
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What’s Important in the Financial World (2/7/2012) New Nokia Phone, Toyota Recovery

Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ...
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The Twitter-24/7 Wall St. Market Report (11/1/2011) Nomura Loss, Greek Madness

NYT: Nomura Posts $590 Million Loss USA Today: Greek referendum announcement shocks world stocks Economist: The Greek referendum: Voting away your debts http://ow.ly/7fec5 #Economist #Greece #EuroCrisis NYT: DealBook: Switzerland's Credit ...
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Greece Likely to Push Unemployment to Extraordinary Levels

Recently, each time Greece presents a new budget to the International Monetary Fund, EU and European Central Bank, it misses it target for debt reduction. This happened again yesterday. The ...
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Morale Collapses in Greece Just as Nation Needs to Rally

It is hard to make the argument that Greece can begin an economic recovery if Greek citizens view their situations as hopeless. A new study by Gallup shows that an ...
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Greece: New Austerity, New Riots

The more the Greek government does to get bailout money, the more likely its citizens are to riot. The more they riot, the more its GDP suffers. Greek Finance Minister ...
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