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Showing 71 - 80 of 159 results for "Athens"

Market wrap AM

AAP  |  TUESDAY, 13 NOV 2012
... decision was not immediately expected on a fresh aid tranche of 31.5 billion euros ($A38.8 billion) held back since June. Athens has said it needs the money by the end of the week or it faces defaulting on a bond repayment. The euro edged up to $US1.2716 ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
... years. Jitters that Greece would fail to pass more austerity measures, with accompanying violent protests on the streets of Athens and then surprise, surprise... measures passed. And in Spain, one week didn't make it do what financial markets want. It's ...

A week full of question marks

BENJAMIN ONG  |  MONDAY, 5 NOV 2012
... Party are reportedly voting against the new plans. You can speculate all you want but like many, many times in the past, Athens would have no choice but to comply and enact those austerity measures. Beggars can't be choosers. Perhaps it might be prudent ...

Market wrap Early AM

AAP  |  FRIDAY, 2 NOV 2012
... with the banking stocks sub-index plunging by 11.7 per cent. Greek Prime Minister Antonis Samaras has said the coffers in Athens will run dry on November 16 unless his country receives the next 31.2 billion euros ($A39.3 billion) in rescue funding. HONG ...

Market wrap early AM

AAP  |  THURSDAY, 1 NOV 2012
... denied a deal had been reached that would see Greece receive bailout funds needed to stave off bankruptcy next month, while Athens released even worse growth and debt forecasts as part of its 2013 budget. Unemployment in the 17-nation eurozone hit also ...

Green lights on green shoots

BENJAMIN ONG  |  TUESDAY, 2 OCT 2012
... measures even as it presented a new austerity budget for next year that aims to sharply slash Greece's chronic fiscal gap." Athens hopes to narrow the budget shortfall to 4.2% of GDP in 2013 from an estimated 6.6% this year. The operative word here is ...

The pain in Spain does not fall mainly on the plain

BENJAMIN ONG  |  THURSDAY, 27 SEP 2012
... 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 to know ...

Market Wrap

AAP  |  MONDAY, 27 AUG 2012
... investors on edge, with Prime Minister Antonis Samaras set to meet German Chancellor Angela Merkel later in the day as Athens struggles to meet reform conditions for continued financial aid. Japan dipped 1.17 per cent, or 107.36 points, to 9,070.76 ...

Market Wrap

AAP  |  TUESDAY, 24 JUL 2012
... points. Madrid's IBEX 35 index plunged more than five per cent before recovering, ending the day down 1.10 per cent, and Athens dived more than seven per cent. The euro fell to a two-year low at $US1.2067, though it recovered to $US1.2111 compared with ...

Market Wrap

AAP  |  MONDAY, 2 JUL 2012
... and Paris' CAC 40 soared 4.75 percent to 3,196.65 points. Milan rocketed up by 6.59 percent, Madrid by 5.66 percent and Athens by 5.68 percent. London's benchmark FTSE 100 index ended the day up 1.42 percent at 5,571.15 points, with a series of banking ...