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Showing 201 - 210 of 777 results for "Greece"

Don't be disappointed if the ECB disappoints

BENJAMIN ONG  |  TUESDAY, 30 APR 2013
... have to do even more for more liquidity to be made available and especially for liquidity to reach corporate financing." Greece with its 27.2% unemployment rate and minus 0.2% inflation certainly needs a rate cut. So does Spain (26.3% jobless rate and ...

Fool's gold?

BENJAMIN ONG  |  MONDAY, 15 APR 2013
... last year. But you know the drill. Just like any other story that comes out of the Eurozone, it's about contagion. What if Greece, or Portugal, or Spain, or Italy, or... are forced to the same at their next bailout negotiations? Suddenly, the pendulum ...

Reversal of fortune

BENJAMIN ONG  |  FRIDAY, 12 APR 2013
... would need to do the obligatory unemployment rate comparisons with the US (7.6%) and Europe (12.0%). Or would you rather Greece? It just released its own jobless rate numbers. It was 27.2% in January. And yes, flip Australia's 5.6% unemployment rate ...

Frightened eurozone savers to buy Aussie dollars

MARK SMITH  |  TUESDAY, 2 APR 2013
... banking system and created fear which could have perilous consequences for depressed parts of Europe. He says that savers in Greece, Ireland, Portugal and Belgium are now legitimately concerned that further shocks could see their deposits taxed heftily. ...

First quarter (w)innings

BENJAMIN ONG  |  TUESDAY, 2 APR 2013
... Portugal, Ireland, Spain - actually dropped over Q1. Despite the contagion scare, the problem had been localised in Italy and Greece (because Cyprus is Greece many claim) with their bond yields rising by 26 bips and 102 bips, respectively. Still, these ...

Template of a bail-in?

BENJAMIN ONG  |  TUESDAY, 26 MAR 2013
... whenever a Euro authority's pronouncement is met with market malcontent -- the SOP (standard operating procedure) since Greece back in 2010. All's well again, I guess... or maybe not.

Falling BRICs

BENJAMIN ONG  |  FRIDAY, 22 MAR 2013
... agreement or it'll halt emergency funding of the tiny island nation's banks. Didn't the ECB, the IMF, and the EU also threaten Greece not so long ago? They're forced to renegotiate when Greece gave them the one finger salute. Still on desertions, latest ...

No Grexit, no Cyprexit

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2013
... the Middle East, central Asia and even Africa (I just had a look this morning on Google Maps) - but it has now replaced Greece as the weakest link. And don't you ever think for one moment that the Cypriot government doesn't know that. The troika is very ...

Ripples from a pebble

BENJAMIN ONG  |  MONDAY, 18 MAR 2013
... suggests that hiding savings under the proverbial mattress might be safer than keeping them in banks. Cyprus is smaller than Greece -- It accounts for only 0.2% of total Eurozone GDP and just 2.5% of the region's total population. You know there's trouble ...

The Celtic Tiger gets back its roar

BENJAMIN ONG  |  THURSDAY, 14 MAR 2013
... expensive for the government to borrow money from investors compared with Italy (4.67%), Spain (4.76%), Portugal (5.92%) and Greece (10.65%). Perhaps austerity isn't all that bad after all. Ireland, after all, is the one country that strictly complied ...