Greece

Greek Long-Term Bond Sale: Is It Too Soon?
Source: ThinkstockGreece reportedly will announce a long-term bond sale as soon as Wednesday, the first time it has had access to capital markets since March 2010. But the question to ask is, is it...
Trey Thoelcke
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National Bank of Greece Reports Profits Again
National Bank of Greece is trying to still manage a turnaround. If earnings are a barometer, then the bank could be on the way back up.
Jon C. Ogg
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Greek Recession to End Sooner Than Expected?
Source: thinkstockIt is really hard to get excited about anything in Greece and the peripheral nations. That has been the mantra for years now, even before the U.S. recession. But maybe all bad...
Jon C. Ogg
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NBG Scores in Very Rare Greek Bank Credit Rating Upgrade by Moody's
Source: thinkstockIt seems hard to believe after years of decline, but bad news out of Greece has changed to “less-bad” and then to almost good news. We previously saw that the Greek budget may...
Jon C. Ogg
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NBG Must Like a Greek Budget Surplus
Source: thinkstockShares of National Bank of Greece S.A. (NYSE: NBG) are chugging higher on Thursday. There has not been any direct news out of the company to account for the gain, but the national...
Jon C. Ogg
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The Greek Recovery from Left Field
Source: thinkstockGreece and its banks may have found a friend in billionaire investor John Paulson. A report from Reuters has said that Paulson now favors the recapitalized banking sector as a bet...
Jon C. Ogg
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Two Key Greek Sentiment Proxies Show Different Outcomes for Greece
Source: ThinkstockWhich way the future of Greece goes is still up in the air. If you read enough of the financial and political news coming out of and about the European Union and the nations making...
Jon C. Ogg
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S&P Maintains National Bank of Greece Ratings, with Negative Outlook
Source: thinkstockStandard & Poor’s has decided that the corporate credit ratings for the National Bank of Greece S.A. (NYSE: NBG) are affirmed at “CCC/C.” What remains a caution is that the...
Jon C. Ogg
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Greek Parliament Approves Massive Layoffs as Auterity Bites
Source: ThinkstockThe austerity versus stimulus battle flamed up again as the Greek parliament approved massive layoffs of public workers. Now, the proponents of cost cuts in financially weakened...
Douglas A. McIntyre
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Another Day, Another Reprieve for Greece
Source: thinkstockA review of the Greek economy has concluded that the struggling country needs to make more changes if it is to meet the economic targets that will keep bailout funds flowing. The...
Paul Ausick
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More Concern for National Bank of Greece
Source: thinkstockThe ADR shares of National Bank of Greece SA (NYSE: NBG) are having yet another rough day. News that the nation of Greece may not receive bailout funds is not helping matters for...
Jon C. Ogg
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One More Implosion for National Bank of Greece
Source: thinkstockThe short sellers in America were already pounding on the National Bank of Greece S.A. (NYSE: NBG). Just on Wednesday we pointed out that the troubled Greek bank’s American...
Jon C. Ogg
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Short Sellers Bet on Death of National Bank of Greece
Source: ThinkstockJust last week that we showed how the Democratic Left party in Greece was withdrawing from the current government coalition. While this alone might not have forced a vote of...
Jon C. Ogg
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Is Greece About to Implode All Over Again?
Source: ThinkstockThis week has been a disaster for emerging markets, and now it appears as though Greece is going to come back up as a key spot of financial turmoil. The question is whether anyone...
Jon C. Ogg
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Greek Government May Fall over Austerity

Source: ThinkstockSome of the parties that form the coalition that rules Greece have pulled out of the alliance. It appears another European government could fall over the question of austerity, or...
Douglas A. McIntyre
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