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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 Ben Warwick, Aspen Partners |
May 23, 2012
After spending a week in Europe talking to scores of investors, it’s obvious that the Greek crisis has reached an inflection point.
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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 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 Ben Warwick, Aspen Partners |
May 15, 2012
If Greece defaults, it will cost 425 billion euros and may precipitate further exits from other highly indebted euro zone nations.
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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 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.