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Posts related to ‘Greek debt’

Germany Opposes Writing Off Greek Debt

Posted: November 26, 2012 at 7:06 am

Discussions of how to bail out of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and ...
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Report on Greek Debt May Wait Until After U.S. Elections

Posted: September 21, 2012 at 11:21 am

A report from the so-called ‘troika’ -- the European Commission, the European Central Bank, and the International Monetary Fund -- on Greece’s ability to repay its debt may be delayed ...
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Greek Bonds No Longer Good as Collateral — ECB

Posted: July 20, 2012 at 10:36 am

The European Central Bank (ECB) said this morning that Greek debt, whether issued or backed by the government, is “for the time being” no longer eligible to be used as ...
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More Unpaid Greek Debt

Posted: July 3, 2012 at 6:24 am

Greece has an additional financial obligation: the government owes suppliers six billion euros. Actually, the situation has existed for some time, but it has only recently become critical. “The first ...
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What’s Important in the Financial World (7/3/2012)

Posted: July 3, 2012 at 6:17 am

Gasoline prices in the United States have leveled for now, perhaps due to an increase in demand for the 4th of July week, which is nine days long due to ...
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Merkel, Greece Showdown on Tap

Posted: May 10, 2012 at 8:44 am

German chancellor Angela Merkel has made it abundantly clear that Germany has no interest in renegotiating the austerity plan that the Eurozone agreed to with Greece. And while it may ...
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Who Gets to Settle the Greek Problem?

Posted: February 9, 2012 at 6:39 am

Evangelos Venizelos, the rotund finance minister of Greece, has gone to Brussels to parlay with eurozone officials about how his country can break the deadlock that threatens to cause a default next ...
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Top Analyst Upgrades & Downgrades (NLY, MT, BP, CBOE, DMD, RDY, ING, MS, NOV, OPEN, SOHU, UBS, VSH, YUM)

Posted: February 8, 2012 at 8:18 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Annaly Capital Management Inc. (NYSE: NLY) Cut to Market ...
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What’s Important in the Financial World (2/8/2012) Nokia Fires 4,000, Yahoo! Cuts Chairman

Posted: February 8, 2012 at 6:44 am

The restructuring of the world’s troubled multinationals continues. The trend has been particularly evident in industries like big pharma, where sales have fallen too fast to maintain expense levels. The most recent victim of ...
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Media Digest (2/8/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: February 8, 2012 at 6:43 am

The Greeks try to get a financial aid package while some regional leaders say the eurozone does not need the southern European nation. (Reuters) A House committee pushes through plans ...
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Media Digest (2/2/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: February 2, 2012 at 4:10 am

Glencore and Xstrata are in merger talks. (Reuters) A federal mortgage deal with banks over mortgage fraud would give states enforcement power. (Reuters) Sony (NYSE: SNE) expects a $2.9 billion loss. ...
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What’s Important in the Financial World (1/31/2012) Apple Retail Chief, EU Unemployment

Posted: January 31, 2012 at 6:45 am

EU nations, led by Germany, have approved a permanent bailout fund, the European Stability Mechanism, which has 500 billion euros. But that does not mean a rescue for Greece. On ...
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A Mexican Stand-Off for Greece

Posted: January 30, 2012 at 6:51 am

German Economy Minister Philipp Roesler wants an outside institution to control Greece’s budget. He claims the Greeks have proven they cannot enforce their own austerity plans. Evangelos Venizelos, the Finance Minister ...
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What’s Important in the Financial World (1/30/2012) Bank of America Management, Facebook IPO

Posted: January 30, 2012 at 6:50 am

There is still no settlement between Greece and the private investors who hold its debt. Greece also faces a call from Germany to have an independent agency supervise its budget. The ...
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Today’s Best Market Rumors (1/20/2012) AIG Bonds, Greek Debt

Posted: January 20, 2012 at 8:50 am

Updated throughout the day. Greece and its private creditors are within hours of a debt settlement (Reuters) Credit Suisse bought AIG 's (NYSE: AIG) toubled bond portolio from the Fed ...
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