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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 James J. Green, AdvisorOne |
May 24, 2012
Not familiar with Mr. Xi? You will become so, for Xi Jinping is likely to become the new leader of the country
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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 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 Ben Warwick, Aspen Partners |
May 17, 2012
If Greece does not meet its obligations, many here feel that Germany will force it out of the euro. What's an advisor to do?
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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So many Greeks have withdrawn savings from banks since Monday that on Wednesday the ECB cut off funding to four Greek banks that it did not consider solvent.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.
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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 11, 2012
CEO Jamie Dimon said that the office suffered an “egregious” failure and that losses from volatile synthetic credit securities could mount by another $1 billion in this quarter or the third.
