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Posts Tagged ‘Greece’
Greece backs austerity plan but euro, US stocks fall
Posted by Joel Backman on May 7th, 2010
Reuters TOPWRAP 8-Greece backs austerity plan but euro, US stocks fall Reuters ATHENS/NEW YORK, May 6 (Reuters) – The Greek parliament backed an austerity plan on Thursday despite violent unrest, as European Central Bank inaction on the nation's debt crisis helped to trigger major falls in …
Posted in Forex, General, Stock Market 
Tags: business, contagion-fear, euro, european, Forex, Greece, investors-flee, nation, result, stock, U.S., york 
No Comments »Euro climbs for second day on Greek rescue optimism
Posted by Joel Backman on April 29th, 2010
Globe and Mail FOREX-Euro climbs for second day on Greek rescue optimism Reuters NEW YORK, April 29 (Reuters) – The euro rose for a second straight day on Thursday, rebounding from a one-year low in the prior session, bolstered by hopes a bailout plan for Greece will be larger than previously thought and allow it to avoid a debt … Greek aid hopes boost European shares; BP slips Reuters German FinMin sees no alternative to Greece aid Reuters Euro Advances From Near One-Year Low on Outlook for Greece Aid BusinessWeek Wall Street Journal
Greek uncertainty hurts euro; Fed meeting in focus
Posted by Joel Backman on April 26th, 2010
The Hindu FOREX-Greek uncertainty hurts euro; Fed meeting in focus Reuters NEW YORK, April 26 (Reuters) – Confusion about the timing and amount of emergency aid for Greece prompted investors to sell the euro on Monday as markets worried whether the euro zone country will manage to avert a debt default. …
Posted in Forex, General, Markets Tags: bbc, business, euro, fed, Greece, worries-linger No Comments »CORRECT: Euro Stumbles, Greek Bonds Strained After Aid Request
Posted by Joel Backman on April 26th, 2010
Globe and Mail CORRECT: Euro Stumbles, Greek Bonds Strained After Aid Request Wall Street Journal (“=2nd UPDATE: Euro Stumbles, Greek Bonds Strained After Aid Request,” at 0950 GMT, misstated the level hit by the euro against the pound in the first paragraph.
Posted in General, Markets Tags: aid, bonds, business, correct-version, europe, Greece, Markets, michael-wilson, result, rogoff-says, stumbles No Comments »Greece aid hope helps euro, stocks rise
Posted by Joel Backman on April 26th, 2010
BBC News Greece aid hope helps euro, stocks rise Reuters TOKYO (Reuters) – The euro stabilized on Monday and Asian share markets rose after Greece requested emergency aid and as a raft of US data showed its economic recovery was gathering strength. Greece's finance minister said on Sunday aid from the EU and …
Posted in Markets, Stock Market Tags: business, Greece, minister-says, result, said-on-sunday, tokyo No Comments »Greek minister says IMF debt talks are ‘going well’
Posted by Joel Backman on April 25th, 2010
BBC News Greek minister says IMF debt talks are 'going well' BBC News Greece's talks with the IMF on emergency loans to finance its debt are going well, its finance minister says.
Posted in Markets, Stock Market Tags: business, critics-com, going-well, Greece, Markets, minister-says, result No Comments »Finance Chiefs Demand Quick Greek Aid Deal at Washington Talks
Posted by Joel Backman on April 25th, 2010
BBC News (blog) Finance Chiefs Demand Quick Greek Aid Deal at Washington Talks BusinessWeek (See {GMEET } for more on the IMF meetings and {EXT3 } for more on the Greece crisis.) By Theophilos Argitis and Flavia Krause-Jackson April 25 (Bloomberg) — Finance ministers urged European governments and the International Monetary Fund to complete … Perils Remain Despite Recovery's Pace, IMF Head Says New York Times IMF Puts Focus on Debt Burden Wall Street Journal Greeks 'Should Not Fear' Advice-Bearing IMF, Strauss-Kahn Says BusinessWeek Reuters
Posted in General Tags: aid, deal, finance, finance-chiefs, Greece, greek, perils-remain, washington No Comments »Perils Remain Despite Recovery’s Pace, IMF Head Says
Posted by Joel Backman on April 25th, 2010
Globe and Mail Perils Remain Despite Recovery's Pace, IMF Head Says New York Times WASHINGTON — The head of the International Monetary Fund said Saturday that the global economic recovery, while moving along faster than expected, was vulnerable to threats posed by long-term unemployment and unsustainable public debts. … IMF Puts Focus on Debt Burden Wall Street Journal IMF chief Strauss-Kahn tries to ease Greece fears BBC News Greeks 'Should Not Fear' Advice-Bearing IMF, Strauss-Kahn Says BusinessWeek Reuters
Posted in General, Markets Tags: bbc, business, focus-on-debt, global-economic, Greece, international, monetary-fund, perils-remain No Comments »
