Thomas Costerg

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  Eurozone Data Indicate ‘New Recession’: Markit

  By Marlene Y. Satter, AdvisorOne  |  October 1, 2012

  Factories saw demand fall and countries saw unemployment rise from July through September as Markit Economics said the activity—or, rather, lack of it—indicated a “new recession.”

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  Southern Eurozone’s Woes Simmer On

  By Marlene Y. Satter, AdvisorOne  |  June 13, 2012

  Despite a weekend bailout for Spain’s banking sector that was meant to reassure investors, markets continued to punish the southern eurozone.

• Investors Say No to Greek Bond Restructuring

  By Marlene Y. Satter, AdvisorOne  |  April 2, 2012

  Investors holding Greek sovereign debt issued under foreign laws and denominated in dollars, euros, Swiss francs and yen said no to a Greek restructuring plan, leaving the country to find another way through its debt maze as it seeks to avoid outright financial collapse.

• Ireland to Use Bond, Not Cash, to Make Payment

  By Marlene Y. Satter, AdvisorOne  |  March 30, 2012

  Ireland will make a scheduled payment of 3.1 billion euros to the Irish Bank Resolution Corp. at the end of March with a bond, not with bailout cash.