Archive for March, 2010

Greece raises fresh funds in finance drive (Malaysian Mirror)

March 31st, 2010 at 04:18am Under Greek News

ATHENS – Greece on Tuesday took another 390 million euros (525 million dollars) in a fresh bond auction a day after raising five billion euros to help keep its head above water as it repays debt. Greek officials said the offer was a success Read more…

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Dollar Closes its First Advance in Three Days with Assistance from Data and Greece (Daily FX via Yahoo! Finance)

March 31st, 2010 at 01:44am Under Greek News

• Dollar Closes its First Advance in Three Days with Assistance from Data and Greece • Euro Advance Stalled by Renewed Troubles in Greek Financing • British Pound Rallies More than Expected on Modest Improvement in GDP, House Data • Japanese Yen Struggles to Benefit on a Drop in Sentiment as Data Curbs Distant Rate Hopes • Australia Dollar Faces another Wave of Top Tier Event Risk

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Dollar mixed as Greece faces high borrowing costs (San Francisco Chronicle)

March 30th, 2010 at 09:11pm Under Greek News

The dollar was mixed against major currencies Tuesday, edging higher against the euro as investors saw Greece’s climbing borrowing costs as evidence the country’s debt crisis is far from over. While Greece was able to successfully raise more money from bond… Greece – Bond – Debt – Money – Country music

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Dollar mixed as Greece faces high borrowing costs (AP via Yahoo! News)

March 30th, 2010 at 08:52pm Under Greek News

The dollar was mixed against major currencies Tuesday, edging higher against the euro as investors saw Greece’s climbing borrowing costs as evidence the country’s debt crisis is far from over.

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Greece raises fresh funds in finance drive (AFP via Yahoo! News)

March 30th, 2010 at 05:57pm Under Greek News

Greece on Tuesday took another 390 million euros (525 million dollars) in a fresh bond auction a day after raising five billion euros to help keep its head above water as it repays debt.

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Ireland Breaks From Greece to Lead Europe Bond Gains (Update3) (Bloomberg)

March 30th, 2010 at 04:51pm Under Greek News

March 30 (Bloomberg) — Ireland’s bonds are poised to outperform those of every other euro member except Austria this quarter as investors bet it will be more successful than countries such as Greece in cutting its budget deficit.

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Greece’s Struggle Continues, Despite Promise of Help (New York Times)

March 30th, 2010 at 04:50pm Under Greek News

The markets drove up Greece’s borrowing costs again, an indication that the country’s debt crisis was far from over.

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Greece Leads Rise in Sovereign Credit Risk as Bonds Struggle (Bloomberg)

March 30th, 2010 at 02:38pm Under Greek News

March 30 (Bloomberg) — Greece led a rise in the cost of credit-default swaps on sovereign debt as a poor reception for the country’s new bonds triggered concern that Europe’s most indebted nations could struggle to fund their budget deficits.

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Greece apologizes for military racism (UPI)

March 30th, 2010 at 02:10pm Under Greek News

ATHENS, Greece, March 30 (UPI) — Greek diplomats have issued formal apologies to Albania and Macedonia for anti-Albanian racist chants shouted last week at an Athens rally by coast guardsmen.

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Greece Accepts EU390 Million in Bids in Reopening of 2022 Bond (Bloomberg)

March 30th, 2010 at 01:51pm Under Greek News

March 30 (Bloomberg) — Greece accepted 390 million euros in today’s extraordinary auction of 22 Oct. 2022 bonds with the cut-off price at 99.05, the Athens-based Public Debt Management Agency said in an e-mailed statement.

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