PIIGS
PIIGS Articles
24/7 Wall St. has decided to take a look at the situation in Turkey so that investors, economists and the public have an idea of just how important and relevant this could be.
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With the Brexit Vote only adding that much more uncertainty, the reality is setting in that this could spell long-term trouble for the European Union. Britain never did share its currency, but they...
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24/7 Wall St. has reviewed which nations are the largest holders of gold. These are counted by how much gold is owned by each central bank.
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Greece is back as a financial market again. Well, sort of. The nation finally allowed its stock market to open back up after an unheard of five-week trading halt.
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There is a big lesson here for Global X FTSE Greece 20 ETF investors during the looming Greek default and likely exit from the euro.
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The financial markets are in turmoil, after somehow actually having been tricked into thinking the Greeks would strike a bargain.
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The massive snapback rally on Wednesday in stocks in the United States and Europe is tied to word that Angela Merkel may be committed to signing a deal with Greece.
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ThinkstockMany investors, economists and people in general have watched the longstanding woes in Europe. The people inside Europe have lived through these woes as well, and some nations know how to...
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Greece has notified the IMF that it plans to bundle all of its June payments, which means the IMF and other creditors will not receive payments until June 30.
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The rally seen this week in Greece's major banking stocks has been large enough that it stands out equally as much as the major sell-off that they saw during the prior week.
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The world finally has figured out that dealing with Greece's government is becoming like dealing with troubled Latin American markets of years past, except perhaps even worse.
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Greece is making itself temporarily relevant yet one more time. Its Prime Minister has called for the presidential election to be moved up to next week.
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With 10-year bond yields under 2% for much of the eurozone, and with inflation sliding into deflation, it is impossible to not notice when the ratings agencies actually upgrade a European nation.
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thinkstockThe woes of Europe are supposed to be abating, at least somewhat. That is certainly supposed to be the case in the lands of the PIIGS — Portugal, Ireland, Italy, Greece and Spain. Ireland...
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thinkstockThe European Central Bank announced a negative interest rate policy on Thursday. It may not have been enough for the stimulus-addiction crowd, but this is truly an experiment. If the banks...
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