Greece
Greece Articles
Several large banks, with Deutsche Bank (NYSE: DB) in the lead, are prepared to kill a bailout of Greece. Well-known DB chief Josef Ackermann says new plans to have banks take a greater burden of the...
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Eurogroup Chairman Jean-Claude Juncker has as much right to offer possible solutions to the eurozone financial disaster as anyone, and better credentials than most. He laid out a ten-step plan, but...
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More bad news from Europe. Spain’s Employment Minister Valeriano Gomez told CNBC that a slow economy almost certainly will cause his country to miss growth targets. About the same time he was...
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Recently, each time Greece presents a new budget to the International Monetary Fund, EU and European Central Bank, it misses it target for debt reduction. This happened again yesterday. The Greek...
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The Wall Street Journal reports that Hewlett-Packard (NYSE: HPQ) has hired Goldman Sachs (NYSE: GS) to defend it from activist shareholders. Updated throughout the day Apple (NASDAQ: AAPL) will...
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It is hard to make the argument that Greece can begin an economic recovery if Greek citizens view their situations as hopeless. A new study by Gallup shows that an increasing number of Greeks say...
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The more the Greek government does to get bailout money, the more likely its citizens are to riot. The more they riot, the more its GDP suffers. Greek Finance Minister Evangelos Venizelos told the...
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Parties of Merkel and allies parties beaten in Berlin elections. (Reuters) Obama jobs plan geared toward Democrat voters. (Reuters) Greece must take more austerity measures to get bailout money....
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Greece, in an effort to get more bailout money from the European Union and International Monetary Fund, has instituted a property tax. The tax will be imposed over the next two years. And it will...
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Finland may destroy a Greek bailout deal, which demonstrates how one of the smallest nations in Europe can hold the region’s financial health hostage. This opens the question once again whether the...
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The recession beginning to develop in the EU has shown more signs of accelerating. EuroStat reports that, “In June 2011 compared with May 2011, the euro area industrial new orders index fell by...
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Buried in the documents that cover the Greek bailout are inexact plans to get the economy of the southern European nation back on track. The success of the rescue depends in large part on...
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Updated throughout the day. Google (NASDAQ: GOOG) may buy InterDigital (Reuters) EU officials may support a deal which would cause a partial default of Greek debt (WSJ) Cisco’s (NASDAQ: CSCO) job...
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Updated throughout the day The US government will investigation News Corp (NYSE: NWS) for bribery charges (various) Eurozone finance ministers are ready to accept a Greek default (Reuters) News Corp...
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Updated throughout the day. Dow Jones CEO Les Hinton may be in trouble because of the News Corp (NYSE: NWS) the News of the World scandal (Reuters) AIG (NYSE: AIG) may replace some of the banks used...
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