Quantcast

Posts related to ‘GREK’

greek flag

A Rare Credit Rating Upgrade for Greece: The Impossible Comes True

Posted: May 14, 2013 at 12:30 pm

The sovereign credit ratings of Greece and other PIIGS from the major ratings agencies have generally gone in one direction in recent years. Downward and onward. This is almost hard to ...
Read Full Story »
Tax

Cyprus Votes Against Silly Deposit Tax (or Theft)

Posted: March 19, 2013 at 2:54 pm

The parliament of Cyprus has just voted against stealing assets from depositors to fund the nation's bailout of its banking system. This is good news because it sends a message ...
Read Full Story »
137504345

PIIGS KILLERS: Italy PM Vote Threatens Austerity, All Over Again

Posted: February 25, 2013 at 3:00 pm

What happens when you put a vote out to the people about whether or not their benefits and public spending should be cut to appeal to international creditors? If you ...
Read Full Story »
greek flag

PIIGS Watch: Greece Continues To Lure Back Investment

Posted: January 29, 2013 at 2:11 pm

The Euro meltdown seen in 2012 looked as though it was going to bounce Greek out of the monetary union. That was then. We have noted on several occasions how ...
Read Full Story »
Crumbling Greek flag with euro

The Unexpected: S&P Upgrades Greece

Posted: December 18, 2012 at 12:27 pm

We have warned over and over that the downgrade cycle has not ended for the PIIGS and in Europe. While that is a viewpoint we see as being generally true and ...
Read Full Story »

Yet Another Turn South for Greece

Posted: November 12, 2012 at 11:09 am

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 ...
Read Full Story »

Is Greece’s Euro Future Drowning Again?

Posted: November 1, 2012 at 11:42 am

There is an ongoing theme in Greece. The theme is one where it is going to exit or be forced out of the Euro, only to be saved yet again ...
Read Full Story »

Greek Shares Ignoring Very Weak Industrial Production Data

Posted: September 10, 2012 at 12:04 pm

Just last week we featured the nations with the world's highest unemployment rates. Of course it is only logical that Greece would have been in on that list. What was ...
Read Full Story »

Greek GDP Falls by 6.2%

Posted: August 13, 2012 at 8:49 am

Greece's woes are not getting any better, whether or not the nation is targeting more budget cuts. Those budget cuts even create a catch-22. As government spending goes lower, so does gross ...
Read Full Story »

Spain Short Selling Ban Spreads Through PIIGS and Beyond (EWP, SAN, BBVA, GREK, NBG, PT, IRE)

Posted: July 23, 2012 at 10:35 am

Most, or much, of the world hates short sellers. Betting against markets is just unfair, or so goes the logic. There is just one small problem: a market without short ...
Read Full Story »

A Direct Bailout of E.U. Banks, TARP-Lite (SAN, BBVA, NBG, IRE, DB, UBS, CS, BCS, GREK, EWP, EWI, FXE)

Posted: June 29, 2012 at 8:37 am

European leaders are taking the aid directly to the banks to stave off any added crisis.  The futures in the U.S. are soaring and the markets in Europe are up ...
Read Full Story »

As Greece Fades, Attention Moves To Spain, Italy, Portugal (NBG, GREK, EWP, BBVA, SAN, PT, IRE, EWI, FXE, UUP)

Posted: June 18, 2012 at 11:26 am

The Greek elections went the way that the market participants were initially hoping for, but now the reality is setting in that Greece may ultimately not be able to stay ...
Read Full Story »

The Amazing Greek Snapback Recovery For The PIIGS (NBG, GREK, EWP, PT, IRE, EWI, FXE, UUP)

Posted: June 15, 2012 at 2:02 pm

Trusting anything out of Greece or any of the PIIGS nations is a bit difficult these days.  With the weekend coming upon us, Greece is set to be the center ...
Read Full Story »

Bracing For The Euro Without Greece… Other PIIGS Too (EWG, EWQ, FXE, EWI, IRE, IRL, NBG, GREK, EWP, STD, BBVA, VGK, FEZ)

Posted: May 23, 2012 at 12:20 pm

So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together.  Rumors have been out that nations have ...
Read Full Story »

ECB ‘Actions’ & Threat Of Run On The Banks (NBG, GREK, CCH, IRE, STD, BBVA)

Posted: May 16, 2012 at 11:43 am

The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit ...
Read Full Story »