Search Results for: Greek debt crisis
Top Stories of the day June 29
June 29th, 2015
News of the day are around Greek crisis and what is the next day. Trading firms are on alert regarding currency volatility where National Bank of Switzerland confirmed that intervened in markets. 1. In wake of MPs approving plebiscite, ...
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
Will A Deal Leave Greece in Ruins?
June 25th, 2015
Any deal Greece strikes with its creditors may be a big step in Greece’s long delayed post-crisis recovery. But the direction it takes still won’t be clear. Will the road look like Spain’s, or Italy’s? It makes a big ...
Asian shares, dollar edge down as markets eye Greece
June 25th, 2015
Asian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to avert a default. Athens’s talks ...
EU-Greece negotiations are at the finish line
June 22nd, 2015
After five months of high drama, debt negotiations between the leftist government in Greece and its official lenders – the European Commission, the International Monetary Fund, and the European Central Bank – are near the finish line. On June ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
€2bn Russia-Greece gas deal: The EU should applauding us, Putin says
June 22nd, 2015
A deal to jointly build an extension of the Turkish Stream gas pipeline across Greece will help Athens to settle its multibillion euro debt to international creditors, President Vladimir Putin said at the St. Petersburg International Economic Forum. Talking ...
What investors need to know and why a Grexit may not matter
June 22nd, 2015
After enjoying a seemingly unstoppable rise since the beginning of 2015, Europe now seems to be in the headlines for all the wrong reasons. With the Greek tragedy lurching from one ‘deadline’ to the next, an exit of the ...
Asia cheers Greece’s 11th-hour proposals to avert default
June 22nd, 2015
Asian shares got the week off to a strong start and U.S. stock futures and the euro firmed on Monday, after Greece scrambled to avert defaulting on its debt with last-minute proposals aimed at appeasing its creditors. Financial spreadbetters ...
