March 11th, 2010 at 03:19pm Under Greek News
Greece’s economy will contract “substantially” more this year than the government forecast in the deficit-cutting plan it gave to the European Commission, said Deutsche Bank AG economists led by Thomas Mayer.
By Yahoo! News Search Results for greece Continue Reading Greece Underestimating GDP Fall, Deutsche Bank Says (Update2) (BusinessWeek)
March 11th, 2010 at 03:18pm Under Greek News
Financial markets are gripped by the role derivatives have played in Greece’s debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the 24 billion euro blast zone.
By Yahoo! News Search Results for greece Continue Reading Forget Greece: Italy derivatives bomb also ticking (Reuters via Yahoo! UK & Ireland News)
March 11th, 2010 at 02:37pm Under Greek News
German Chancellor Angela Merkel said on Thursday the first priority for Greece is to win back the confidence of financial markets and that the debt-stricken country’s first steps had a positive impact.
By Yahoo! News Search Results for greece Continue Reading Merkel says confidence now key for Greece (Reuters via Yahoo! UK & Ireland News)
March 11th, 2010 at 02:24pm Under Greek News
March 11 (Bloomberg) — Harvard University Professor Martin Feldstein said the euro’s 4.6 percent decline against the dollar this year has been “panic selling” stemming from the financial crisis in Greece.
By Yahoo! News Search Results for greece Continue Reading Feldstein Says Euro’s Fall Due to ‘Panic’ Over Greece (Update1) (Bloomberg)
March 11th, 2010 at 02:02pm Under Greek News
All public services and schools have been shut down in Greece as workers hold another general strike in protest against spending cuts.
By Yahoo! News Search Results for greece Continue Reading Fresh general strike in Greece (ITN via Yahoo! UK & Ireland News)
March 11th, 2010 at 01:19pm Under Greek News
Much of Greece ground to a halt today as public and private sector unions called another general strike in opposition to tough government austerity measures and proposed pension reforms aimed at restoring fiscal order for the battered economy.
By Yahoo! News Search Results for greece Continue Reading Greece brought to a halt by austerity protest strike (Times Online)
March 11th, 2010 at 10:58am Under Greek News
March 11 (Bloomberg) — Harvard University Professor Martin Feldstein said the euro’s 4.6 percent decline against the dollar this year has been “panic selling” stemming from the financial crisis in Greece.
By Yahoo! News Search Results for greece Continue Reading Feldstein Says Euro’s Fall Due to ‘Panic Selling’ Over Greece (Bloomberg)
March 11th, 2010 at 10:40am Under Greek News
DEBT-PLAGUED Greece is today facing the start of a new wave of industrial action against painful spending cuts.
By Yahoo! News Search Results for greece Continue Reading Troubled Greece facing new wave of strikes over cuts (The Scotsman)
March 11th, 2010 at 10:29am Under Greek News
Public and private sector workers in Greece began another general strike today to protest against spending cuts imposed to alleviate the country’s debt crisis.
By Yahoo! News Search Results for greece Continue Reading Greece hit by new general strike over austerity plan (Guardian Unlimited)
March 11th, 2010 at 10:07am Under Greek News
Police say drugs or money may have been the motive behind shootings Tuesday night that left three men dead inside a Holyoke Park apartment building in Greece. Video from the sceneHomicide scene Also: Greece police chief reaches out
By Yahoo! News Search Results for greece Continue Reading Greece cops believe triple homicide wasn’t random (Rochester Democrat and Chronicle)