January 30th, 2010 at 04:08pm Under Greek News
DAVOS, Switzerland, Jan. 30 (UPI) — Greece does not need a European Union loan or financial rescue from the International Monetary Fund, Prime Minister George Papandreou said Friday.
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January 30th, 2010 at 04:00pm Under Greek News
Jan. 30 (Bloomberg) — The euro recorded its biggest monthly drop in a year against the yen and fell versus the dollar as concern Greece won’t be able to meet its debt obligations spurred a retreat from riskier assets.
By Yahoo! News Search Results for greece Continue Reading Euro Posts Biggest Monthly Decline in Year on Greece’s Turmoil (Bloomberg)
January 30th, 2010 at 12:43pm Under Greek News
Jan. 30 (Bloomberg) — German Economy Minister Rainer Bruederle ruled out a rescue for Greece, as officials in Athens struggle to tame the euro area’s biggest budget deficit.
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January 30th, 2010 at 11:54am Under Greek News
The European Union will tell Greece next week to take extra measures by May 15 to shore up its finances and cut a spiralling deficit, Greek newspaper Ta Nea said Saturday, citing a draft of the recommendations.
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January 30th, 2010 at 11:52am Under Greek News
Several countries could come under the kind of financial market pressure suffered by Greece unless they produce credible deficit-containment plans, but there is little sign of contagion so far, the …
By Yahoo! News Search Results for greece Continue Reading Budget cuts vital, not only in Greece, says IMF economist (MalaysiaNews.net)
January 30th, 2010 at 10:30am Under Greek News
Several countries could come under the kind of financial market pressure suffered by Greece unless they produce credible deficit-containment plans, but there is little sign of contagion so far, the IMF’s chief economist said.
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January 30th, 2010 at 10:28am Under Greek News
The European Union will tell Greece next week to take additional measures by May 15 to shore up its finances and cut a spiralling deficit, Greek newspaper Ta Nea said on Saturday, citing a draft of the recommendations.
By Yahoo! News Search Results for greece Continue Reading EU to tell Greece to do more to cut deficit (Times of Malta)
January 30th, 2010 at 10:03am Under Greek News
Greece Arcadia, the top-ranked team in the Democrat and Chronicle poll, edged Gates Chili.
By Yahoo! News Search Results for greece Continue Reading Jessica Sexton helps Greece Arcadia girls basketball edge Gates Chili (Rochester Democrat and Chronicle)
January 30th, 2010 at 07:56am Under Greek News
The great and the good in Davos yesterday all denied that Greece was about to default on its public debt, sell a chunk of it to China or leave the eurozone. The newly elected prime minister, George Papandreou, said his country was being targeted by speculators and was capable of raising money on the markets. Germany and France denied a report in Le Monde that they were considering giving Greece …
By Yahoo! News Search Results for greece Continue Reading Greece: Under a Byzantine shroud (Guardian Unlimited)
January 30th, 2010 at 07:56am Under Greek News
Booming deficits and bank bailouts mean sovereign bond problems are not only in Greece, but across the EU Booming deficits and the need to finance banking bailouts worth billions of pounds have turned sovereign bonds into the new junk debt market. Investors are now paying about $88,000 (£55,000) to insure $1m worth of debt issued by a basket of sovereign countries – or 88 basis points – more …
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