Search Results for: Greece
Yet Another Election? Weary Greeks See Little Gain From Vote
September 17th, 2015
Greeks head to their third ballot in less than a year Greek voters say nothing is going to change for them Like many Greeks, Christi Psarra has no illusions about what the country’s third vote in less than ...
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications
September 16th, 2015
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Three ...
Thomson Reuters: Interview with Vítor Constâncio, Vice-President of the ECB
September 16th, 2015
Interview with Vítor Constâncio, Vice-President of the ECB, conducted by Paul Ingrassia, Balazs Koranyi and John O’Donnell on 14 September Is quantitative easing working? It is working and effective in many ways. The ultimate metric to assess success is the ...
ESMA raises its market risk indicator to highest level
September 15th, 2015
The European Securities and Markets Authority (ESMA) has published today its Trends, Risks and Vulnerabilities Report No. 2 for 2015 on European Union (EU) securities markets, covering market developments from January to June 2015. It has also published its Risk Dashboard No. ...
GDP up by 0.4% in both euro area and EU28
September 8th, 2015
Second estimate for the second quarter of 2015 GDP up by 0.4% in both euro area and EU28 +1.5% and +1.9% respectively compared with second quarter of 2014 Seasonally adjusted GDP rose by 0.4% in both the euro area ...
Bad loans haunt Greek banks seeking new start
September 8th, 2015
Turned down for a 10,000 euro ($11,100) loan, George Sarris is one of hundreds of thousands of small business owners shunned by Greek banks. Pointing to the parliament building overlooking his small cafe in Athens’ Syntagma Square, the 35-year-old ...
Creditors see delays in program
September 2nd, 2015
Greece’s creditors are bracing for problems from the outset of the country’s new bailout program given that the snap polls will effectively postpone the first inspection, originally scheduled for October. This will entail a delay in the talks on ...
An unexpected victim of Greek crisis
August 31st, 2015
Dutch drama over Greek crisis The Greek crisis may have claimed an unexpected new victim: Dutch Prime Minister Mark Rutte. In a five hour debate last week on the Dutch support for the latest bailout for Greece, the leader ...
Greek bourse calms down after rocky start – Tsipras Risks a Fragmented Parliament
August 27th, 2015
Following the roller-coaster ride during the first two sessions of the week, trading was stable on the Athens Stock Exchange on Wednesday. The general index moved up just 0.16 percent to 622.72 points. Turnover, however, was down considerably on ...
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
