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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 Marlene Y. Satter, AdvisorOne |
March 9, 2012
Greek Finance Minister Evangelos Venizelos was quoted saying, “The debt-swap results show that international markets see the prospects the Greek economy has to regain a sustainable fiscal situation.”
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By Marlene Y. Satter, AdvisorOne |
March 7, 2012
By Thursday Greece must win over the rest of the participants to exchange new bonds for old, or it will invoke collective action clauses to compel additional bondholders to participate. The target is to reduce the country’s privately held debt of 206 billion euros ($270 billion) by 53.5%.
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By Marlene Y. Satter, AdvisorOne |
February 9, 2012
Disagreement over pension cuts had stalled an agreement among Greek leaders on austerity reforms demanded by the troika of the European Union, International Monetary Fund and European Central Bank.
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By Marlene Y. Satter |
February 7, 2012
German Chancellor Angela Merkel says she doen't understand how more delays can help.
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By Marlene Y. Satter |
November 9, 2011
The financial crisis that brought down the leaders of both Greece and Italy is not finished with the nations yet. The two Mediterranean states must now focus on who will lead their new governments through the turmoil of their debt crises.
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By Marlene Y. Satter |
November 4, 2011
Greece's drama on the international stage continued on Friday as a confidence vote, scheduled for later in the day, could end its prime minister's career whatever its outcome. Sources in Athens said that George Papandreou, acknowledging that his call earlier in the week for a referendum on the country's newest...
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By Marlene Y. Satter |
November 1, 2011
Not just leaders of the eurozone, but markets were stunned by the news; Greek prime minister did not notify policymakers before the announcement.
