Greece

Greece Articles

Source: ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire:Windows and Windows Live President Steven Sinofsky leaves Microsoft Corp. (NASDAQ: MSFT) because he pressed for Steve...
Source: thinkstockThe most important story out of Europe today is that Greece has been given an extension to reach its austerity and budget goals. The region’s finance ministers did not have any...
Source: thinkstockHold 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 and more money and more...
Source: thinkstockAs hard as it seems to be to believe, the crisis in Greece continues, and may have gotten worse. The nation’s parliament has voted through an extreme austerity budget that was to...
Source: ThinkstockThe Greek government’s statistical agency this morning reported that the country’s unemployment rate in August rose to 25.4%, from 24.8% in July and 18.4% in August of 2011....
Source: thinkstockThe Greeks continued to prove that they can be their own worst enemies. Constant strikes there take businesses offline and almost certainly hurt the flow of tourism critical to the...
Source: thinkstockGreek Prime Minister Antonis Samaras says that Greece could be ousted the eurozone if the debt-laden country’s parliament fails to approve a new round of austerity measures. The...
Source: thinkstockGreece cannot seem to work its way out of the financial news by settling on austerity programs that would trigger aid from the International Monetary Fund and European Union....
The EU statistics agency Eurostat reports that the unemployment rate in the eurozone climbed to a record 11.6% in September. That was up from the 11.5% reported for August, and exceeded the 11.5%...
Source: thinkstockEurope’s financial problems were pushed off the front pages for a few days as Hurricane Sandy roared up the East Coast. But they did not go away, and they may have worsened.The...
Source: Wikimedia CommonsSandy and AmazonWhich industries benefited from Hurricane Sandy? Very few, one has to suppose. But among those must be e-commerce, which means another victory for Amazon.com...
Source: thinkstockEurope’s economic problems will be pushed off of the front pages, at least while the East Coast braces for Hurricane Sandy and its aftermath. But the bailout of Greece is in real...
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 surprising was that the...
This week’s economic and market news headlines have been dominated largely by Mario Draghi’s bond-buying program and now by an official unemployment rate of 8.1% with only 96,000 payrolls added...
The Guardian reports that the next bailout of Greece may require residents to work six days a week. That is unlikely to go down well with Greeks and likely will cause more unrest and riots. Those...