Strikes Expand in Greece; Hedge Funds Bet on Debt Default
Strikes Expand in Greece; Hedge Funds Bet on Debt Default
Taxi drivers walked off the job for 24 hours in the latest protest against the government’s austerity program.
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MarketWatch First Take: Turkey offers a finance lesson to Greece
MarketWatch First Take: Turkey offers a finance lesson to Greece
For those who foresee Turkey one day joining the European monetary union and the EU itself, the case just grew stronger.
Read more on Market Watch
Categories: credit meld Tags: finance, first, Greece, lesson, MarketWatch, offers, take, Turkey
Europe Ministers Ready to Force Deeper Cuts on Greece (Update4)
Europe Ministers Ready to Force Deeper Cuts on Greece (Update4)
Feb. 16 (Bloomberg) — European finance ministers turned up the pressure on Greece to put its public finances in order, and refused to say how they would make good on a promise to rescue the nation if it can’t tame its debt. Greek bonds fell.
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Europe, Greece facing tug-of-war over debt rescue
Europe, Greece facing tug-of-war over debt rescue
BRUSSELS (AFP) – Pressure mounted on Greece on Monday to take tougher action to slash its debts, but Athens responded by demanding that Europe spell out what it will offer by way of an eventual bailout.
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METALS-Copper up as improved demand outweighs Greece woes
METALS-Copper up as improved demand outweighs Greece woes
* Copper stocks rise to highest level since October 2003
Read more on Reuters via Yahoo! Singapore News
Categories: credit meld Tags: demand, Greece, improved, METALSCopper, outweighs, woes
European stocks rise before Greece meet
European stocks rise before Greece meet
European stock markets rose on Monday as eurozone finance ministers braced for a key meeting set to focus on Greece’s huge debt, and after Japanese stocks ended lower. Trading activity across Asia was…
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Emerging-Market Stock Funds Post Outflows on Greece (Update2)
Emerging-Market Stock Funds Post Outflows on Greece (Update2)
Feb. 12 (Bloomberg) — Investors pulled the most money from emerging-market equity funds in 19 months as Greece’s debt crisis escalated and the Federal Reserve laid the groundwork for exiting its record credit expansion.
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Categories: credit meld Tags: EmergingMarket, funds, Greece, Outflows, Post, stock, Update2
U.S. Stocks Rise for First Time in Five Weeks on Data, Greece
U.S. Stocks Rise for First Time in Five Weeks on Data, Greece
Feb. 13 (Bloomberg) — U.S. stocks rose for the first time in five weeks after European officials pledged to help Greece close its budget deficit and the U.S. economy gained momentum, overshadowing China’s actions to limit inflation.
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Euro up ahead of EU summit, Greece rescue eyed
Euro up ahead of EU summit, Greece rescue eyed
The euro rose on Thursday ahead of a key EU summit that could lay the groundwork for a rescue of debt-stricken Greece, while Asian stocks gained for a third day, powered by strong economic data from Australia and China.
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U.S. Stocks Rebound on Consumer Credit, Greece Speculation
U.S. Stocks Rebound on Consumer Credit, Greece Speculation
Feb. 5 (Bloomberg) — U.S. stocks erased losses, rebounding from the biggest two-day drop since March, as consumer credit dropped less than forecast and investors speculated the European Union may come up with a solution for Greece’s budget deficit.
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Categories: credit meld Tags: consumer, Credit, Greece, Rebound, Speculation, Stocks, U.S.