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Showing 991 - 1000 of 1260 results for "Eurozone"

Big Benny and little Greece

BENJAMIN ONG  |  FRIDAY, 24 JUN 2011
... not add to what we already know. We already know that Greece will be bailed out for a default because its exit from the Eurozone would trigger a game of "who's next?" Small and insignificant Greece may be to the global economy, but it's the thumbtack ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
... sale of Greek assets too. Let's hear a bid for the Parthenon, going, going. Now the financial markets - the rest of the Eurozone especially -- can sleep easy while Greece 'austerity reforms' itself to death. For at the end of the day this is not about ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 JUN 2011
... ahead with plans for a deeply unpopular package of austerity cuts needed to satisfy the International Monetary Fund and eurozone finance ministers. The Dow has risen for four straight days amid optimism that Europe and the IMF will succeed in their plan ...

European authorities will blink

BENJAMIN ONG  |  TUESDAY, 21 JUN 2011
... will be found to Greece's debt crisis." Sure, sure. No, this is not a sarcastic "sure, sure" but a real one. For the Eurozone has really no viable alternative but to pay the ransom. Greece and Ireland, and Portugal, and Spain and Italy - has it by the ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 JUN 2011
... index fell 38.6 points, or 0.85 per cent, to 4,512.5. NEW YORK - US stocks closed higher on Monday, as early fears of eurozone contagion gave way to optimism that Brussels and Athens would tackle the Greek debt crisis. The Dow Jones Industrial Average ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
... is "so high that you almost have to say there's no way out." How did this come about? Greece was admitted to the Eurozone on 1 January 2001. GDP growth: 3.3 per cent Unemployment rate: 10.7 per cent Budget deficit as a percentage of GDP: minus3.7 ...

Market Wrap - Morning

AAP  |  MONDAY, 20 JUN 2011
... hardline stand on making the private sector pay some of the cost could lead to disaster in Athens and then the wider eurozone. The hope now was that a reshuffled government in Athens would survive a vote of confidence and then pass the latest austerity ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 JUN 2011
... fared worse than expected. In Europe, protests swelled in Greece over the government's austerity measures. On Tuesday, eurozone finance ministers failed to reach accord at talks on a second bailout package to avert a Greek debt default. The US stock ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 JUN 2011
... 0.06 percent at 334.04 points. Markets are increasingly concerned over the state of the global economy, owing to the eurozone debt crisis and slower growth in the United States and China. HONG KONG - Asian stocks were mixed as more heavy selling on Wall ...

Rejoice for May has gone away

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2011
... but because of fear that once Greece goes, there goes Ireland and Portugal and Spain and Italy - and soon, the entire Eurozone. Oh and in case you've forgotten QE2 is ending this month and emerging market central banks - led by China - are still in tightening ...