Search Results for: Greece
Greek Limbo Sets Up Another Monday to Watch in Markets
July 13th, 2015
Prospects for deal unsure after weekend negotiations Investors were facing another potentially manic Monday after the latest in a series of weekend twists and turns in Greece’s debt crisis. A wave of optimism buoyed stocks in Europe and the U.S. at the ...
Oil prices tumble as Iran deal nears
July 13th, 2015
Oil prices dropped Monday as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. Sanctions have long reined in Iran’s oil production and exports, and the ...
Total confusion about a Greek deal
July 12th, 2015
EU Council president Donald Tusk announced this morning that the planned EU summit is cancelled and that a separate euro zone summit meeting will start at 1400 GMT (1600 local time). Tusk said the eurozone summit would last until we ...
Orderly Grexit Poses a Puzzle for EU Lawyers Gaming Out Doomsday
July 10th, 2015
Grexit on Sunday? Not so fast, say the lawyers. Even if the creditors pull the plug, Greece will remain legally part of the euro zone on Monday. It could hang on in a half-out, half-in state indefinitely, creating legal ...
The Neo-Marxist Threat to National Economies
July 10th, 2015
The theatricals and melodrama of the current Greek crisis mask a far more serious issue than mere political entertainment. The self-created sequence of threats to Greece i.e. sovereign debt default, bankruptcy, Eurozone exit and relegation to the status of ...
Oil prices rise on China stocks rebound, Greek deal hopes
July 10th, 2015
Oil prices rose on Friday on hopes that the Greek debt crisis could be resolved and as Chinese stocks rebounded, but analysts said bigger jumps were unlikely as global crude production remained high. Greece has tabled a cash-for-reforms proposal to ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
Greece inches closer to deal with creditors, but investors are wary of sustained China recovery China shares rose Friday, and other Asian markets made tentative gains, as investors assess whether a recovery in Chinese stocks proves sustainable. The Shanghai ...
Hellenic Capital Market Commission (HCMC) announcement July 9, 2015
July 9th, 2015
July 9, 2015 – The Hellenic Capital Market Commission (HCMC), following the decisions of the 29th and the 30th of June 2015 regarding the emergency measures for the Greek capital market, and following the Decision of the Minister of Finance ...
Is Bitcoin Unsustainable, and How Can It Be Made Sustainable?
July 9th, 2015
“Bitcoin Is Unsustainable,” claims the title of a provocative essay by Motherboardcontributor Christopher Malmo that has spurred considerable debate. Malmo’s central thesis is that Bitcoin uses way too much electricity. The essay opens with a future scenario that, in view ...
Greek debt crisis: Where do other eurozone countries stand?
July 9th, 2015
Eurozone leaders are back in Brussels to discuss how to deal with the growing debt crisis in Greece. Greek voters overwhelmingly rejected the terms of an international bailout on Sunday. Although some countries are keen to strike a compromise, ...
