With the Brexit Vote only adding that much more uncertainty, the reality is setting in that this could spell long-term trouble for the European Union. Britain never did share its currency, but…
Greece is back as a financial market again. Well, sort of. The nation finally allowed its stock market to open back up after an unheard of five-week trading halt.
ThinkstockItaly is one of the PIIGS, and therefore one of the big troubled spots for investors to keep their eyes on. The good news is that if the hangman is still lurking,…
ThinkstockI already have gone on the record that the taxation of deposits in Cyprus is nothing short of theft. Regardless of a bloated banking system that was in shambles, taking depositors’ assets under…
Jon OggIt may be the weekend, and the DJIA hit a new high this last week, but there is no such thing as any rest for the wicked. 24/7 Wall St. has…
ThinkstockWhat 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 believe in…
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 big. This…
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 in the…
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 of the…
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 been instructed…
The Europeans need to make a decision soon. It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system. The baby-sitting and…
National Bank of Greece SA (NYSE: NBG) is not just up this Tuesday. It is up huge on a day where most investors would have assumed it would have been down. While…
Fitch has joined in on the European sovereign credit rating downgrades. First it was S&P, but we might argue that this should have mostly been factored in already. Is it a secret…
A bond auction in Italy may actually be some good news for the markets on this Friday the 13th. Italy’s bond auction came off with yields under 5% for this year’s first…
Jon C. Ogg Well, it used to be Greece taking us down daily, but now it is the much larger concern of Italy. The markets were supposed to be cheering that Silvio Berlusconi was going to…
