Search Results for: Greece
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
Eurogroup: Points of agreement and discord
February 11th, 2015
All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall The Eurogroup meeting in Brussels on Wednesday has been dubbed ...
Stocks, currencies wary of Greek confusion
February 11th, 2015
Asian stock markets turned cautious on Wednesday while the U.S. dollar crept higher as looming euro zone meetings to discuss the Greek debt crisis threatened to produce more confusion than clarity. Euro zone finance ministers meet later on Wednesday and EU leaders on Thursday, ...
Varoufakis doesn’t rule out rift as Schaeuble warns time running out
February 11th, 2015
Finance Minister Yanis Varoufakis did not rule out clashing with his eurozone counterparts at Tuesday’s Eurogroup meeting in Brussels as Germany’s Wolfgang Schaeuble warned that Greece would be offered no other deal than the extension of its existing bailout. ...
Germany rejects Greek claim for World War Two reparations
February 10th, 2015
Germany said on Monday there was “zero” chance of it paying World War Two reparations to Athens, following a renewed demand from Greece’s new leftist Prime Minister Alexis Tsipras. Tsipras, in his first major speech to parliament on Sunday, laid ...
If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next
February 10th, 2015
Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead. As ...
Asia slips amid Greek exit worries, dollar flags
February 10th, 2015
Asian equities were lower across the board on Tuesday as nervousness over Greece potentially withdrawing from the euro and escalating conflict in Ukraine sapped risk appetite, while the dollar lost steam after its payrolls-inspired rally. Japan’s Nikkei slipped 0.8 ...
Athens prepares a compromise before Eurogroup
February 10th, 2015
Plan entails ‘bridge program’ to September, possible use of loan tranche Government sources Monday gave a preview of the proposal planned for Wednesday’s crucial Eurogroup summit, foreseeing a bridge program linking to a “new deal” with creditors that would ...
Wieser-Costello: They came, they saw, they left
February 9th, 2015
Euroworking group chief Thomas Wieser and European Commission representative Declan Costello have departed on Monday morning from Athens, after their visit in the Greek capital which lasted only for a few hours. Two days ahead of the extraordinary Eurogroup ...
Central Banks Move to Drive Down Currencies, Yielding Domino Effect
February 9th, 2015
The central-bank stimulus spree of 2015 has the look of a global currency war. In quick succession, countries representing about a third of the world’s economic output—from the eurozone to China, Australia and Canada—have taken steps that have driven ...
