Search Results for: Greek debt
IMF warns of huge financial hole as Greek vote looms
July 3rd, 2015
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...
Greek meltdown has UAE tour operators scrambling for holiday alternatives
July 2nd, 2015
As the Greek debt crisis drags on, scaring away potential visitors, tour operators in the UAE are looking at alternative destinations for the summer. The Mediterranean nation is technically in arrears after having missed its €1.6 billion (Dh6.52bn) payment ...
10 things they’re not telling you about the Greek crisis
July 2nd, 2015
People from different countries, economists, politicians, professors are speaking about the Greek crisis and what is right and what is wrong about it. Everybody express their opinion and everybody seems to be right. Why this is happening and who ...
How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Asian stocks gain as US data eclipses Greek risk
July 2nd, 2015
Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt. KEEPING SCORE: Japan’s Nikkei 225 rose 1.2 percent to 20,564.59 while South Korea’s Kospi added 0.4 percent to 2,106.20. Hong Kong’s Hang Seng ...
Greeks lose Apple iCloud space as capital controls stop payments
July 1st, 2015
Some Apple Inc. customers in Greece started to experience a disruption to service on Tuesday as controls on the movement of money began to grip the indebted nation. Since Monday, Greek credit cards cannot be used to make payments ...
Asia stocks fall, euro drifts as Greek crisis deepens
June 26th, 2015
Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted in narrow range as the debt saga sidelined investors. ...
Greek deal or not, the euro has changed forever
June 25th, 2015
By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency — and maybe even for the better. Deal or no deal on staving ...
Greek crisis: Tsipras says ‘no deal’ with creditors
June 24th, 2015
International creditors on Wednesday rejected the Greek government’s plan to end its financial crisis, but they have submitted counterproposals. News of the rejection, announced by Greek Prime Minister Alexis Tsipras, dashed hopes of an imminent deal between the embattled ...
Asian shares bolstered by hopes for Greek deal
June 23rd, 2015
Asian shares rose on Tuesday after Greece‘s latest budget proposals raised hopes it would stave off a debt default and reach a deal with lenders later this week. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up ...
