Economy of Greece articles over last 30 days

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2012/05/26 19:04
2012/05/26 19:04
2h
Greek euro exit would be a recipe for hardship ATHENS, Greece (AP) - As Greece creaks under its untenable debt and a shrinking economy, the possibility that it could stop using the euro is becoming...
2012/05/26 19:04
2012/05/26 19:04
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2012/05/26 19:04
2012/05/26 19:04
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2012/05/26 11:39
2012/05/26 11:39
9h
... the lowest price since 2010. This price decline came as investors grew increasingly concerned Greece will abandon the euro currency in order to gain increased financial flexibility. The Greek...
2012/05/26 08:57
2012/05/26 08:57
12h
... even powerhouse Germany may be faltering, adding to worry about China and other major pillars of economic growth. Analysts fear that economies and markets now are so intertwined that the...
2012/05/26 06:42
2012/05/26 06:42
14h
... right? So parents have to pay their tax.” This should come as no surprise to readers of this blog. When I profiled Lagarde in August 2011, she pledged the IMF to a program of strict...
2012/05/26 03:06
2012/05/26 03:06
18h
Stocks fall on Wall StreetUpdated: 07:19, Saturday May 26, 2012 Another flare-up in Europe's debt crisis knocked US markets lower on Friday. This time, it was more trouble at a major Spanish...
2012/05/25 20:20
2012/05/25 20:20
1d
Q: Do you expect a run on banks in Greece or other European countries in the next six months? Panel's answer: Yes 8, No 0 Marney Cox, San Diego Association of Governments Marney Cox In some ways a...
2012/05/25 18:42
2012/05/25 18:42
1d
The main index of the Greek bourse dropped below the 500-point mark on Friday as more and more international institutions say they are making plans for a Greek exit from the eurozone. The Athens...
2012/05/24 20:17
2012/05/24 20:17
2d
Greece's stock market has plummeted to a new 22-year low, over heightened fears of an economic collapse. Athens' stock exchange, the Athex Composite, closed down 24 points at 503, a drop of 4.53%...
2012/05/24 19:11
2012/05/24 19:11
2d
... currency hits near two-year lows as EU summit fails to allay investor fears over Greek economy. The euro has hit near two-year lows, with analysts saying it may fall even further. In...
2012/05/24 18:42
2012/05/24 18:42
2d
With the outcome of the elections in three weeks� time looking ever more uncertain, investors were keen to let go of their positions in Athens on Thursday, while there was little buying interest,...
2012/05/24 17:25
2012/05/24 17:25
2d
... Bank) and Huw Pill (Goldman Sachs) have recently argued that, in these circumstances, Greece might resort to a “parallel” currency which would be used for some domestic transactions,...
2012/05/24 16:27
2012/05/24 16:27
2d
If Greece leaves the euro, the U.S. economy could easily slip into recession. That cost is worth bearing, however, given the long term consequences of Europe struggling with a currency regime that...
2012/05/24 14:55
2012/05/24 14:55
2d
According to Greece’s former prime minister Lucas Papedemos, we better get used to calling the it a 16-nation eurozone, or even the 15 nation, since Greece is already making preparations to leave the...
2012/05/24 04:19
2012/05/24 04:19
2d
Speculation about a debt default has sparked massive savings withdrawals from banks. (Louisa Gouliamaki) An economics reporter for Sky News this week demonstrated how you created a new currency from...
2012/05/23 22:53
2012/05/23 22:53
2d
Angela Merkel (L) and European Parliament President Martin Schulz talk prior to a meeting of European Union leaders in Brussels on May 23, 2012. Financial crisis has wreaked havoc in Europe...
2012/05/23 16:34
2012/05/23 16:34
3d
The country's Financial Stability Fund said Wednesday it had approved the funds' release to banks. The (EURO)18 billion will be split between the National Bank of Greece, Eurobank, Alpha Bank and...
2012/05/23 16:27
2012/05/23 16:27
3d
For the last couple of weeks, the phone at Tasos Ioannidis’s five-star hotel on the breezy island of Mykonos has been ringing steadily, but not with the types of inquiries he wants to field. “People...
2012/05/23 12:05
2012/05/23 12:05
3d
Greece’s membership in the eurozone is more uncertain than ever, after the inconclusive result of the election held on 6 May (see background), and the failure of pro-Adjustment Programme parties to...
Read more at EurActiv, Zero Hedge
2012/05/23 09:50
2012/05/23 09:50
3d
EU structural funds could help Greece - French PM Related Topics PARIS (Reuters) - European Union leaders should discuss using the bloc's structural funds to shore up Greece's struggling economy...
2012/05/23 00:06
2012/05/23 00:06
3d
A Greek exit from the euro area would inflict heavy damage in Greece and throughout Europe. It could also be one of the best things that ever happened to the currency union. Greece’s repeat...
Read more at Bloomberg, Forbes