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Showing 11 - 20 of 159 results for "Athens"

Stirred but not shaken

BENJAMIN ONG  |  TUESDAY, 7 JUL 2015
... contagion that might arise; there will be limited contagion; Greek finance minister Varoufakis' resignation indicates that Athens is extending an olive branch to its creditors, and so on and so forth. You say rationales, I say excuses. This is because ...

A Greek offer that cannot be refused

BENJAMIN ONG  |  THURSDAY, 2 JUL 2015
... What's Tsipras' Plan B? Whoopsie! Sorry about that for he already has a Plan B - litigate the beejesus out of 'em. "The Athens government has insisted that Greece will remain in the euro and has threatened legal challenges to any action aimed at expelling ...

Market to open flat

AAP  |  THURSDAY, 2 JUL 2015
... LONDON - European stock markets rebounded, with Greece proposing a reworked deal closer to the position of its creditors as Athens continued to seek a bailout that would keep it in the eurozone. The CAC 40 in Paris on Wednesday climbed 1.94 per cent ...

An ordinary trading day on D-day

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2015
... Fund." The missed payment, the largest in the Fund's history, is equivalent to a default, in that both imply a breach of Athens' obligations. IMF spokesman Gerry Rice said Greece can now only receive further IMF funding once the arrears are cleared. ...

Market to open lower

AAP  |  WEDNESDAY, 1 JUL 2015
... and a possible IMF default. Eurozone finance ministers declined that request, but will continue talks on Wednesday after Athens asked for a new aid plan, officials said. LONDON - Europe's main stock markets ended the day firmly lower as hopes faded of ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... small bottle of booze - but more because Alexis proved wrong my musings that after all is said and done, a deal between Athens and its creditors would be done. Shame, shame, shame... on I, me and myself. Tsipras decision to go for broke and call for ...

Market set to open higher

AAP  |  MONDAY, 29 JUN 2015
... Frankfurt's DAX 30 added 0.17 per cent to 11,492.43 points. Milan rose 0.67 per cent and Madrid gained 0.57 per cent. Meanwhile Athens' main index posted a strong 2.03 per cent gain to 797.52 points. But outside the eurozone, London's benchmark FTSE ...

Extensions - What the Greeks await and the Russians hate

BENJAMIN ONG  |  THURSDAY, 25 JUN 2015
... the end of Europe's problems. For while I'm reasonably confident that Greece's creditors would again extend a lifeline to Athens, the European Union (EU) has also extended one for Russia - economic sanctions. Optimism over reports that Greece and its ...

Graccident averted (yet again)

BENJAMIN ONG  |  TUESDAY, 23 JUN 2015
... Greco-troika deal would be hammered -- perhaps not yet but soon -- in time for the troika to give Greece the euros to enable Athens to repay the troika. Markets are happy because Tsipras batted his eyelids - he blinked. Reuters reports that, "In its ...

Market set for a steady start

AAP  |  MONDAY, 22 JUN 2015
... Greece's debt woes rolled on, but euro zone leaders will meet on Monday to discuss proposals to end the standoff between Athens and its creditors. There is no local economic or company news scheduled for Monday. On Friday, the benchmark S&P/ASX200 index ...