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Showing 31 - 39 of 39 results for "Troika"

All eyes on Germany

BENJAMIN ONG  |  THURSDAY, 29 SEP 2011
... bailout fund." And last night, MarketWatch reported that German Chancellor Angela Merkel is waiting for the IMF/EU/ECB troika auditors to deliver their verdict on whether or not Greece has complied with its promised austerity measures before deciding ...

Glimmer of hope

BENJAMIN ONG  |  TUESDAY, 20 SEP 2011
... just like times past, it's leaving a sour taste on investors' mouths. The recent update talks of Greece's meeting with the troika of alms-givers - the European Union, the European Central Bank and the International Monetary Fund. The conclusion (for ...

Goodnight Europe

BENJAMIN ONG  |  WEDNESDAY, 13 JUL 2011
... additional 1,046 basis points for its bonds. And this was all after Greek's pact with the devil - I mean, the EU/ECB/IMF troika - last month. The bond market knew -- and knows! Equity markets are on a tailspin as Eurozone debt matters bobbed up again ...

Sunny side up

BENJAMIN ONG  |  MONDAY, 4 JUL 2011
... immediate future, financial markets are back walking on the sunny side of the street. It's as if the whole Greek - EU/ECB/IMF troika "pretend and extend" theatrics didn't happen. The only thing is that it did and now we're hearing the familiar refrains ...

Pigs may fly but they won't default

BENJAMIN ONG  |  THURSDAY, 30 JUN 2011
... cent. But wait, isn't this all about Greece? Now it's virtually assured of another 12 billion euros from the EU/ECB/IMF troika to tide it over until the next time it has to rollover its debt. It's saved! Hooray! Well yes it is and it isn't. This, as ...

Just do it

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2011
... tomorrow night). Never mind the angry mob rioting on the streets of Athens, for without the 12 billion euro lifeline from the 'troika' - EU/ECB/IMF - even the Greek Parliamentarians won't get paid. So, just do it! But in the event that the austerity ...

Better second half

BENJAMIN ONG  |  TUESDAY, 28 JUN 2011
... Greece." You got that? No D-E-F-A-U-L-T whatever Greece does - for now at least. So I really don't know why the EU/ECB/IMF troika and Greece still insist on continuing with this charade. Ok, ok. There was some real good news. French banks agreed to rollover ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
... targets. 2. The increased likelihood that Greece's supporters (the IMF, ECB and the EU Commission, together known as the "Troika") will, at some point in the future, require the participation of private creditors in a debt restructuring as a precondition ...

Rejoice for May has gone away

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2011
... "reprofiling" is tantamount to default. Duh! Ya, it is good news - until next year. We've seen this show before. The EU, IMF, ECB troika gave Greece a a,-110 bil lifeline last year. This buoyed market sentiment the same way as the "planned" package has ...
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