Related News ItemsA Greek Meltdown Won't be the End of the WorldMon, 21 May 2012 05:48:03 -0700
Two years ago, European leaders were willing to do almost anything to prevent a financial meltdown in Greece. If Greece defaulted on its debt or left the euro zone, it could have triggered a chain reaction across Europe, and global financial panic.
Read More... World stocks mixed amid Greek political impasseTue, 15 May 2012 02:14:00 -0700
World stocks were held in check Tuesday by a political impasse in Greece that could lead it to a destabilizing exit from the euro currency union.Asian stocks closed mostly lower, but European shares got ...
Read More... Many American States And Municipalities Believe They Can Play Greek Games And Get Away With ItSun, 20 May 2012 14:38:36 -0700
As if to demonstrate that there are no Third World countries, but only Third World governments, recent Greek governments have raised expectations and spent far more than they are capable of collecting as tax revenue. The corruption and economic stagnation that accompany the growth of any government's reach and power, untempered by respect for private ...
Read More... Greek hospitals tighten payment rulesTue, 22 May 2012 05:31:56 -0700
Mother says Greek hospital threatened to keep her baby
Read More... Global shares edge higher but Greek fears lingerMon, 21 May 2012 06:03:47 -0700
LONDON (Reuters) - World shares edged higher and commodities gained on Monday as investors' fears that Greece could leave the euro were partly soothed by promises from China and the Group of Eight leaders at the weekend to support growth. U.S. stock index futures also pointed to a higher open on Wall Street. But the gains follow a torrid week, which saw many riskier assets touch their lows for ...
Read More... Greek Drama Playing Out on World’s StageTue, 22 May 2012 12:57:42 -0700
Flashback-ishWelcome back to 2011. Global growth jitters have returned, the U.S. has re-engaged in fiscal brinkmanship and the fate of the euro is bac...
Read More... Is a Greek Exit from the Euro Inevitable?Mon, 21 May 2012 07:47:48 -0700
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Read More... GLOBAL MARKETS-Shares edge higher but Greek fears lingerMon, 21 May 2012 06:00:32 -0700
* World shares edge higher, European shares add 0.6 pct * Investors still fear Greek euro exit * China's growth comments lift oil, copper LONDON, May 21 (Reuters) - World shares edged higher andcommodities ...
Read More... Greek Euro Exit Being Considered: Former PM PapademosTue, 22 May 2012 13:14:49 -0700
As Greece's financial stability fund approved an 18 billion euro ($23 billion) for the country's biggest banks, former Prime Minister Papademos suggested Greece is prepping to exit the euro zone.
Read More... World markets take fright at Greek threatWed, 16 May 2012 04:13:14 -0700
LONDON (AFP) - World stocks and the euro fell and borrowing rates for eurozone countries signalled alarm on Wednesday at new elections in Greece, prolonging agony for the eurozone.
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