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By Marlene Y. Satter, AdvisorOne |
May 24, 2012
Although a Wednesday E.U. summit meeting ended with Greece being urged by leaders to remain in the joint currency bloc, Germany did not back down on its stance that Athens must adhere to austerity measures already agreed to.
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By Marlene Y. Satter, AdvisorOne |
May 23, 2012
Germany’s Bundesbank warned Greece on Wednesday that if it failed to carry through with reforms it had previously agreed to, it would jeopardize any further aid funds.
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By John Sullivan, Advisorone |
May 22, 2012
Executives are “calling their bluff,” and the agency is struggling with a surge of companies willing to defend themselves.
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By Marlene Y. Satter, AdvisorOne |
May 22, 2012
According to the OECD, the euro zone debt crisis threatens not just Europe, but the world economy itself.
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By John Sullivan, Advisorone |
May 21, 2012
Greece may have to exit the 17-nation eurozone, and the monetary union should plan for it to ensure stability.
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By Marlene Y. Satter, AdvisorOne |
May 21, 2012
Greece should remain in the eurozone despite its financial woes, according to a communique issued by the G8 gathering at Camp David during the weekend.
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By John Sullivan, Advisorone |
May 18, 2012
The legendary fixed-income manager Jeffrey Gundlach, CEO of DoubleLine Capital, joined Tom Keene on Bloomberg TV’s Surveillance Midday to discuss Europe, alpha and possible Fed moves.
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By Marlene Y. Satter, AdvisorOne |
May 18, 2012
Moody’s cut the ratings of 16 Spanish banks, taking Banco Santander and Banco Bilbao Vizcaya Argentaria down three notches each. Fitch, meanwhile, dropped Greece into its lowest level in junk territory.
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By Marlene Y. Satter, AdvisorOne |
May 17, 2012
So many Greeks have withdrawn savings from banks since Monday that on Wednesday the ECB cut off funding to four Greek banks that it did not consider solvent.
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By Marlene Y. Satter, AdvisorOne |
May 16, 2012
The newly elected French president, Francois Hollande, met with Chancellor Angela Merkel of Germany to discuss the possibility of growth measures as they sought a way out of the Greek debt debacle.
