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Showing 81 - 90 of 159 results for "Athens"

Is this the crisis moment?

BENJAMIN ONG  |  TUESDAY, 26 JUN 2012
... the Euro Stoxx 50 ended 2.6% down. Sure, Spanish and Italian stocks tumbled by more -- 3.7% and 4.0%, respectively -- and Athens sank by 6.8% last night but this sort of fluctuations has become the norm these days. You want to be spooked, think back ...

Market Wrap

AAP  |  TUESDAY, 26 JUN 2012
... in Paris the CAC 40 sank 2.24 per cent to 3,021.64 points. Madrid dropped 3.67 per cent, Milan tumbled 4.02 per cent and Athens plunged 6.84 per cent. In foreign exchange deals, the euro dropped to $US1.2486 from $US1.2569 late on Friday in New York. ...

Spanish bailout soured by upcoming Greek election

BEN COLLINS  |  TUESDAY, 12 JUN 2012
... that the atmosphere turned sour for both Spain and Italy, on the fear that Sunday's elections in Greece could result in Athens quitting the euro, with unknown consequences. "The possibility of a Syriza win is causing great fear in the market because ...

Eurozone to craft a reforms roadmap

BEN COLLINS  |  MONDAY, 4 JUN 2012
... recently instated French finance minister, Pierre Moscovici, that a Greek exit from the eurozone will be on the agenda if Athens fails to impose the austerity measures required in its joint European Union and International Monetary Fund bailout deal. ...

Bad news? What bad news?

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2012
... the June elections were enough to send the DJ Euro Stoxx to finish last night's session with a 0.8% gain. Heck, even the Athens SE General index jumped by 1.9% overnight! Spain's IBEX 35 index dropped by 2.3% though - and with good reasons. Fresh data ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 MAY 2012
... failed to agree a plan to save Greece from exiting the eurozone. While a summit in Brussels saw a pledge of support for Athens it highlighted divisions between France and Germany on dealing with the crisis that threatens to rupture the euro project. ...

Market Wrap

AAP  |  TUESDAY, 22 MAY 2012
... points, to 18,922.32. The G8 leaders, meeting at the US president's retreat at Camp David on Saturday, said they wanted Athens to stay part of the currency union and urged it to stick to bailout terms. WELLINGTON - The NZX 50 Index fell 8.05 points ...

Grexit and the games people play

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2012
... government when Greek elections are held again next month, believes in its heart of heart that the Eurozone would not wave Athens adieu for if it does, they'll all suffer. Syriza knows that it's got the Eurozone by the cojones, emboldened by the growing ...

Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
... 5.2 billion euros ($A6.72 billion) payout sent stocks tumbling more than one per cent, but later officials assured that Athens would get at least 4.2 billion euros ($A5.43 billion). At the close, the Dow Jones Industrial Average was down 97.03 points ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 MAY 2012
... give Spain more leeway to meet budgetary deficit objectives given a deteriorating economy and troubled banking system. In Athens, Greek stocks plunged 6.67 per cent after mainstream parties fell short of a governing majority, putting hard-won agreements ...