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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 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 James J. Green, AdvisorOne |
May 22, 2012
What seems clear, even in the midst of what appears to be a crisis without end in the eurozone, is that Draghi’s leadership at the ECB has averted a much more serious disaster on the Continent.
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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So many Greeks have withdrawn savings from banks since Monday that on Wednesday the ECB cut off funding to four Greek banks that it did not consider solvent.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 15, 2012
Greece will hold new elections after the three major parties and President Karolos Papoulias failed to form a governing coalition that could agree on how to handle the country's debt burden.
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By Marlene Y. Satter, AdvisorOne |
May 14, 2012
More than a week after elections brought anti-austerity parties to the fore, the task of brokering a compromise is in the hands of President Papoulias, who thus far has been as unsuccessful as the party leaders themselves.
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By Marlene Y. Satter, AdvisorOne |
May 10, 2012
Four days after Greek elections that left five anti-bailout parties seated in Parliament, a ruling coalition still has not emerged.
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By Marlene Y. Satter, AdvisorOne |
May 9, 2012
Alexis Tsipras of the Syriza party in Greece has given leaders of other parties an ultimatum: reject the bailout and its tough conditions, or be shut out of the government.
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By Marlene Y. Satter, AdvisorOne |
May 7, 2012
Europe could be in for change, if voters in three different countries over the weekend have anything to say about it.
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By Ronald Delegge, ETFguide.com |
May 4, 2012
Largely ignoring sovereign debt woes in the region, European stocks inside the Vanguard MSCI Europe ETF were ahead by 7.65% this year, as of late April.