-
By Marlene Y. Satter, AdvisorOne |
November 13, 2012
International Monetary Fund Director Christine Lagarde protested the extension of the deadline for Greece to cut its debt to a “sustainable” level to 2022, saying that the target date “has to be 2020.”
-
By Marlene Y. Satter, AdvisorOne |
December 22, 2011
Hungary was downgraded to junk for the second time in a month, this time by S&P, after Moody's took a similar action previously, but markets reacted little to the news.
-
By Marlene Y. Satter, AdvisorOne |
September 2, 2011
The Greeks and bailout officials also cannot agree on the amount by which Greece has failed to meet its targets, with Athens perhaps predictably citing a lower figure than the international representatives.