Search Results for: greece
Post Referendum, Greece Will Not Leave The Eurozone
July 9th, 2015
Summary Even after the large victory of the “No” at the referendum, Greece will not leave the Eurozone. This is certainly the reason why financial markets kept a relatively cool head in the turmoil of this Monday. Let’s dig ...
Greece is bad but this is worse. The Chinese stock market
July 9th, 2015
The twin fears of China and Greece will hang over markets Thursday with China increasingly the bigger concern. “There’s definitely an issue if we see a further correction in the Chinese stock market,” said Russ Koesterich, BlackRock’s chief investment ...
Greece: Creditors await Greek proposals after loan request
July 9th, 2015
Greek Prime Minister Alexis Tsipras faces one of his most difficult days in power on Thursday as he must finalize proposals for tough economic reforms and submit them to the country’s creditors by the end of the day to ...
Greece and its Slow Growth Problem
July 8th, 2015
I knew that Greece has not traditionally been the economic dynamo behind growth in the EU economy. I had not quite realized how far the Greek economy has lagged behind over the last several decades. Here’s a figure from ...
Greece debt crisis: Tsipras appeals for European unity
July 8th, 2015
Greek Prime Minister Alexis Tsipras has called for the European Union to avoid division, as indebted Greece struggles to stay in the euro. In a sometimes stormy debate in the European Parliament, he said: “Let’s not let Europe be ...
Xoom Launches Service to Austria, Belgium, Greece, and Portugal
July 8th, 2015
Consumers save time and money sending money with Xoom Vs. bank wires Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, has expanded its service to include Austria, Belgium, Greece and Portugal. Xoom offers fast deposits and can deposit money in as little as 24 hours when customers ...
Greece Given Until Sunday to Settle Debt Crisis or Face Disaster
July 8th, 2015
Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt ...
MAS’ response to media queries on recent developments in Greece
July 7th, 2015
In response to media queries, the Monetary Authority of Singapore (MAS) said that Singapore’s domestic money and foreign exchange markets continue to function in an orderly fashion. The direct exposure of our economy and banking system to Greece is ...
Rift Emerges as Europe Gears Up for New Talks on Greece Bailout
July 7th, 2015
Germany continued to maintain a hard line with Athens on Monday, just a day after Greek voters decisively rejected a bailout deal from its creditors. But some European countries showed a willingness to soften the push for austerity that ...
Asia shares win reprieve but Greece, China concerns limit gains
July 7th, 2015
Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece‘s position in the euro and volatility in mainland Chinese equity markets. Chinese shares dropped almost two percent ...
