Tag Archives: Greece
Euro rises, stocks rally on EU crisis plan
Euro rises, stocks rally on EU crisis plan The euro rose and Asian stocks jumped on Monday after the European Union and IMF carved out an emergency loan package of up to 750 billion euros ($1 trillion) to keep Greece’s debt crisis from spreading through the euro zone. Read more on Reuters via Yahoo! News
Futures Rise on Greece Aid Package, Airline Merger
Futures Rise on Greece Aid Package, Airline Merger Stock futures were pointing toward a positive open Monday as investors digest a $146 billion bailout package for Greece, following weeks of negotiations, along with announced merger in the airline industry. Read more on Fox News
European Stocks Post Weekly Decline on Debt Concern; Banks Drop
European Stocks Post Weekly Decline on Debt Concern; Banks Drop May 1 (Bloomberg) — European stocks posted the biggest weekly drop since February on concern that Greece’s debt crisis will spread across the region. Read more on Bloomberg
Europe debt crisis deepens after Spain downgrade
Europe debt crisis deepens after Spain downgrade Europe’s debt crisis deepened after Spain was slapped with a credit downgrade and pressure mounted for urgent approval of a giant bailout for Greece that could run to 120 billion euros. Read more on AFP via Yahoo! News
Markets hammer Greek debt, Germany extends uncertainty
Markets hammer Greek debt, Germany extends uncertainty Germany set tough terms on Monday for Greece to secure emergency aid, extending uncertainty over a financial rescue that pushed the cost of insuring against a Greek debt default to a record high. Read more on Reuters via Yahoo! News
California Debt Beats Greece’s in Bond Sales: Credit Markets
California Debt Beats Greece’s in Bond Sales: Credit Markets April 1 (Bloomberg) — The bond market is showing California is no Greece. Debt issued by California, the world’s eighth-largest economy, is outperforming Greece’s bonds as funds including Cumberland Advisors say investors are betting the lowest-rated U.S. state’s credit risk has been exaggerated. Read more on [...]
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