Exchange traded funds following the euro's movements relative to the U.S. dollar are off to a solid start this year on hopes Greece will get more bailout aid and that the Eurozone crisis is cooling for now
Read this article:
Euro ETFs Show Easing Fears Over Greece, Debt Crisis | ETF Trends
Unions and employers are to resume talks in Greece as the country scrambles to push through more cost-cutting reforms and conclude massive debt deals with private and rescue creditors.
Go here to read the rest:
Labor talks in Greece as debt deals near | Washington Examiner
www.euronews.net Greece says it has all but concluded a crucial debt relief deal with its private investors. The agreement would see those investors swap their Greek government bonds for new ones of a lower value, with a longer repayment period at lower interest rates. Finance Minister Evangelos Venizelos said now they focus on convincing the EU and the IMF they can deliver the promised spending cuts and reforms
See more here:
Greece close to debt swap deal
Near-bankrupt Greece struggled on with its foreign lenders on Tuesday to show them it can ram through spending cuts and labor reform in exchange for a crucial debt swap deal and a 130 billion euro bailout package needed …
See more here:
NewsDaily: Greece must pledge tough reforms for debt swap deal
NEW YORK — U.S. stocks fell on Monday after Greece's efforts to reach a debt restructuring with creditors stalled and European leaders struggled to change the market's focus to a push for economic growth on the continent.
Read more here:
Bottom Line – Wall Street tumbles on stalled Greek debt talks
BRUSSELS — Investors participating in a deal to slash Greece's massive debt would face an overall loss on their bond holdings of around 70 percent, a person familiar with the negotiations said Monday. Athens and …
Read the original post:
Greek Debt Deal Would Leave Creditors With 70 Percent Loss
NEW YORK (AP) Greece and the investors who bought its bonds have the beginnings of a deal that could avert a disastrous, long-feared Greek default on its debt . But don't expect a celebration on Wall Street this week.
Read more from the original source:
Greek Debt Deal May Not Equal Wall Street Relief | WSLS 10
ATHENS, Greece — Greece and investors who have bought its bonds have reached a tentative deal to significantly reduce the country's debt and pave…
Powered by WordPress