Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 160 results for "Athens"

Market Wrap - Morning

AAP  |  TUESDAY, 8 MAY 2012
... give Spain more leeway to meet budgetary deficit objectives given a deteriorating economy and troubled banking system. In Athens, Greek stocks plunged 6.67 per cent after mainstream parties fell short of a governing majority, putting hard-won agreements ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 MAR 2012
... authorities to explain the latest round of flight cuts and the carrier risks losing its flying licence, a report said Monday. ATHENS - Greece took a step from debt crisis to the challenges for the next government when the finance minister resigned to ...

Market Wrap - Morning

AAP  |  MONDAY, 12 MAR 2012
... creditors signed up to a deal that will see them write down most of their debt, paving the way for a second bail-out for Athens. The plan's success means Greece will be able to avoid a devastating default that many had feared could send ripples around ...

Market Wrap

AAP  |  WEDNESDAY, 7 MAR 2012
... accept a debt swap deal. Rumours that a slack participation rate by private investors in the Greek bond swap might force Athens to extend the deadline beyond Thursday. "Commodities have come off significantly, and that has translated to losses across ...

Problem solved, not

BENJAMIN ONG  |  WEDNESDAY, 22 FEB 2012
... officials last week. The document found that, "even under the most optimistic scenario, the austerity measures being imposed on Athens risk a recession so deep that Greece will not be able to climb out of the debt hole over the course of a new three-year ...

The martyrdom of Greece

BENJAMIN ONG  |  TUESDAY, 14 FEB 2012
... disbursed a,-130 bil is gonna improve economic and business conditions in the country? Have you seen the violent riots in Athens? They're vandalising and/or burning business establishments. And according to USA Today, they've also vandalised, burned ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 FEB 2012
... 130-billion-euro ($A161.3 billion) bailout in spite of its MPs voting through more austerity measures in the face of violent protests. ATHENS - Firefighters have been dousing smouldering buildings and clean-up crews are sweeping rubble from the streets ...

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
... Greece's creditors and paymasters must be careful not to squeeze too hard. Already there have been rioting in the streets of Athens -- compounding the country's depression (both psychological and economic). There might come a time when Greece shouts ...

Market Wrap - Morning

AAP  |  MONDAY, 13 FEB 2012
... European stock markets have closed lower and the euro has dropped against the dollar in reaction to violent protests in Athens that rocked Greece's divided government after the eurozone held up a debt bailout. London's benchmark FTSE 100 index fell 0.73 ...

Market Wrap - Morning

AAP  |  MONDAY, 6 FEB 2012
... unemployment rate falling to 8.3 per cent, a near three-year low, from 8.5 per cent. Talks continue to drag on between Athens and its creditors over an unprecedented sovereign debt write-down but an accord remains elusive as a March 20 deadline for Greece ...