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| | | ... Australian market looks set to open higher following the positive lead from the US and European markets as optimism grows that Greece will complete its bond swap. At 0700 AEDT on Thursday, the March share price index futures contract was up 19 points ... |
| | | | ... bonds and borrowing back the money short-term. And this all because of a single day's anxiety attack financial markets. And Greece? Oh, hasn't it defaulted yet? |
| | | | Roll out, no, no, put that barrel of fun back. Roll out the bad news. Which one? Would you like the one about Greece defaulting or the one that talks about Europe heading for (already in) recession? Or do you prefer a reiteration of the tale of China ... |
| | | | ... more than one per cent following heavy falls on Wall Street overnight with investors nervous of a euro zone recession and Greece's debt-swap deal. At 0645 AEDT on Wednesday, the March share price index futures contract was down 68 points at 4,142. In ... |
| | | | ... global markets reacted to China's reduced growth target. BRUSSELS - A dozen banks, insurers and investment funds holding Greece's bonds will participate in a massive debt relief plan for the country, the group representing the private creditors said ... |
| | | | ... it got there eventually. That's the Greek second bailout package of course. Standard & Poor's didn't like it and lowered Greece's rating to "selective default". Moody's followed suit a few days later and cut the country's credit grade to "C" - its lowest ... |
| | | | ... Wall Street closed mixed and the German parliament approved a second, 130-billion-euro ($A164 billion) loan package for Greece. At 0830 AEDT on Tuesday, the March share price index futures contract was down one point at 4,269. No major economic news ... |
| | | | ... countries, stagnant in one and positive in seventeen. Growth will be highest in Latvia, Lithuania and Poland and lowest in Greece and in Portugal." The "unlucky niners" are Belgium, Greece, Spain, Italy, Cyprus, the Netherlands, Portugal, Slovenia and ... |
| | | | ... the region's biggest banks and forecasts for a eurozone recession. Dealers said the markets were tracking developments in Greece as politicians passed a historic debt writedown with private creditors, key to securing a hard-won 237 billion euros ($A296.12 ... |
| | | | Now that Greece has again been relegated to a mere afterthought, the latest PMI update from Markit Economics reminded all and sundry that, Greece bailed out or not, a recession is still waiting in the wings in Europe. The Markit Economics preliminary ... |
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