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Showing 21 - 30 of 66 results for "Greeks"

Austerity can be hazardous to your health

BENJAMIN ONG  |  THURSDAY, 16 MAY 2013

Bernanke pours liquid over Roman burn

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2013
... implementing austerity programmes, despite intermittent protests - sometimes violently - by their citizens, are they not? The Greeks and the French and the Spaniards and whoever else could twist and shout all they want but at the end of the day, it's ...

Fear is here

BENJAMIN ONG  |  TUESDAY, 26 FEB 2013
... lowered the single currency area's 2013 growth outlook; but more palpitation-inducing was the uncertainty over which way the Greeks would vote over new austerity measures and their country's 2013 Budget. There were worries about Japan too at the time ...

Sweeet!

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2012
... to the begging table, pre-conditions for aid disbursements are watered down. Just recall how tough the troika was on the Greeks back in May of two years ago before they agreed to give the a,-110 billion bailout to Athens. They gave Greece a list of conditions ...

Green lights on green shoots

BENJAMIN ONG  |  TUESDAY, 2 OCT 2012
... budget shortfall to 4.2% of GDP in 2013 from an estimated 6.6% this year. The operative word here is "hope". At least the Greeks are still hoping, not so for "prominent Labour adviser and note economist Ross Garnaut". According to the AFR, Prof Garnaut ...

The pain in Spain does not fall mainly on the plain

BENJAMIN ONG  |  THURSDAY, 27 SEP 2012
... for this would mean tough austerity measures. The exact same belt-tightening measures that Spaniards in Madrid and the Greeks in Athens have protested against again only last night. We only have to look at the performance of Spain's financial markets ...

Is this the crisis moment?

BENJAMIN ONG  |  TUESDAY, 26 JUN 2012
... would not support Euro bonds, that it will never agree to commit German taxpayers' money to fund early retirement of the Greeks, the Spaniards, the Irish, the Italians, the Portuguese and just last night, the Cypriots. Then again, if the situation is ...

Greece chooses pain to pain

BENJAMIN ONG  |  MONDAY, 18 JUN 2012
... above parity - it's back to risk on boys and girls. After five weeks of intense speculation and nail-biting suspense, the Greeks blinked in the end - well, a small majority of them anyway. They don't want to go back to the drachma. Drachma equals no ...

No random walk on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 JUN 2012
... market fundamentals anymore. Sure, there are a few but they're quickly overwhelmed by the deep anxiety surrounding the Greeks' final verdict this coming Sunday and the Fed's and the G-20's response only days later. This, or the day's economic and/or ...

Three more days of guessing

BENJAMIN ONG  |  THURSDAY, 14 JUN 2012
... of the Greek elections. Thankfully - rather, hopefully - we'll all be put out of our misery in three days time when the Greeks decide. We know that a pro-bailout win is good and a victory for the antis is bad. But what if the 17 June elections result ...