Greece

Rare Upgrade of Greece’s Credit Rating Does Little for Its Stocks

It seems hard to imagine much good news coming out of Greece concerning its economy. After all, it has what feels like a decade-long negative track record, and it is ...
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Trouble for Greece and the Greek Banks, All Over Again

If there is ever a country in Europe that seems to always have some strife, Greece has to top of the list. Many investors and economists have been worried about ...
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Was the Greece Credit Rating Upgrade Ignored?

It was not that long ago that credit ratings agencies ruled the roost for troubled countries in the lands of the PIIGS. Portugal, Italy, Ireland, Greece and Spain were all ...
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European currency

Euro and PIIGS ETFs Crushed on Brexit Outcome, Down 10 Percent Or More

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 ...
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Greek fishing boats

IMF Calls for More Greek Debt Restructuring

Greece is back in the news. The good news about Greece is that they are not back in the news on the verge of an impending default, nor is Greece ...
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Flag of Great Britain

Sell in May and Go Away? Depends on Brexit

With May around the corner, should investors sell in May and go away this year? The phrase did not arise in a vacuum, nor is it coincidence or a self-fulfilling ...
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globe

Stifel Analysts Comment on Saudi Arabia, Brexit, Oil

The sharp drop in crude oil prices that occurred in early trading Monday had been pared back to less than 1% by the noon hour. That could be the result of ...
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Greek fishing boats

Can an IMF Bailout Snub and Brexit Vote Finally Force Greece out of the Euro?

It was only a matter of time after all. Europe’s most indebted government is back at it, complaining about bailout conditions and fighting for its next tranche of bailout funds. ...
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Greek fishing boats

Greek Unemployment Rate Still Near 25%

Eurostat has released unemployment rates for the European Union for October. On a seasonally adjusted basis, the level was 10.7%, down slightly from 10.8% in September. Greece's jobless rate is nowhere ...
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Wall Street/NYSE

NYSE Boots National Bank of Greece

The New York Stock Exchange announced on Friday that it has commenced proceedings to delist the American Depositary Shares (ADRs) of the National Bank of Greece SA (NYSE: NBG). Friday ...
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Third Greek Bailout Gets Its First Test With Sunday’s Elections

With the most important Federal Reserve meeting in recent history on the minds of every investor and trader in the world right now, it is easy to miss other potentially ...
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greek flag

Greek Unemployment at 25.2%, Among Young 48.3%

As Greece tries to pay its massive debts and struggles with gross domestic product (GDP) contraction, employment continues to be a huge barrier to recovery. Elstat, the Greek economic agency, reported ...
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piggy bank

10 Things to Consider About the Recent Market Panic

Everyone seems to be guessing about the future and near-term expectations after the recent market panic. The first thing that needs to be considered is that trying to call a ...
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PIIGS ETFs and Greek ADS Respond to Athens Reopening Stock Exchange

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. Needless ...
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greek flag

Greece Scores Unusual Debt Rating Upgrade from S&P

Just when you thought no good news could come out Greece, just look outside of Greece for good news on Greece. Standard & Poor's has decided to raise Greece's sovereign ...
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