Search Results for: Greece
Internal and External Risks to the Cyprus Economy
February 20th, 2015
Despite the tragic events of March 2013, Cyprus economy has showed resilience and the country was able to return back to stability and regain some of the lost confidence from international markets and investors rather quickly, which is necessary ...
Eurogroup: EU “Trojan Horses” and cracks in the wall
February 20th, 2015
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension of its bailout facility was rejected by Germany that won’t ...
Greek proposal lifts markets, despite German rejection
February 19th, 2015
A Greek proposal to extend its bailout and not to undermine agreed fiscal targets lifted European stocks to seven-year highs on Thursday and cut government borrowing costs across the euro zone, even though Germany rejected it. Despite the German rejection, Greece’s wording of ...
J. Dijsselbloem: “Received Greek request for six months extension”
February 19th, 2015
The “bridge program” or “extension” may be approved by Friday if all goes well The Greek request for a six-month interim agreement, known as the “bridging program” by the Greek side or “extension” by the EU side, has been ...
Europe Is `Very Attractive’ For Investment, Ross Says
February 19th, 2015
Wilbur Ross, chairman of WL Ross & Co., talks about investment opportunities in Europe and strategy. Ross, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses Greece’s negotiations with euro-area members over a loan extension…View video ...
Japan shares hit 15-year peak; yields drop on Fed view
February 19th, 2015
The U.S. dollar nursed modest losses in Asia on Thursday while bonds held on to heftier gains as investors scaled back expectations on how fast, and how far, the Federal Reserve might raise interest rates in coming months and ...
Juncker urges Greek government to respect financial commitments
February 18th, 2015
European Commission President Jean-Claude Juncker has urged the SYRIZA-led coalition to abide by the commitments made by the country’s previous governments. “It goes without saying that all the financial obligations to the European and international partners must be respected,” ...
Asia shares rise on reduced Greek pessimism, dollar firm
February 18th, 2015
Asian equities rose on Wednesday as pessimism over the Greek debt saga receded somewhat, while the dollar held firm against the yen after spiking up on higher U.S. debt yields. Equities in Europe were also expected to gain. Spreadbetters ...
Commerzbank puts the chances of a Grexit at 50%
February 17th, 2015
Jacques Delors Institute also explores the possibility of a Greek leaving the euro zone In a research note released today, Commerzbank, the global banking and financial services company based in Frankfurt, attempts to answer some of the critical questions ...
Greek stocks fall as debt deal talks stall
February 17th, 2015
Yanis Varoufakis: “We are ready and willing to do whatever it takes” Greece’s stock market fell by more than 4% at its open after European finance ministers failed to reach a new deal to restructure the country’s debts. Greek ...
