Whose sticky little fingers are all over mis-accounting in Greece? All the usual suspects, bar, it seems Barclays (what did they do to miss out?): Wall Street’s role in the unfolding Greek debt crisis will be probed by Eurostat, the EU’s statistical office, which has requested information from Athens about currency swaps. The transactions, undertaken from 2001
submitted by
TimWorstall on 16th Feb 2010 (via timworstall.com)
In the not so distant future there will be a resolution of some kind in the Greece government debt crisis! As the EU leaders meet in Brussels for the first summit of 2012, the Greece debt restructuring is apparently reaching an endgame as private investors seem to be on board with a 3-4% coupon and a 30-year maturity. Once the debt swap is completed Greece will be provided with another round of ba...
submitted by
PoliticsandFinance on 30th Jan 2012 (via politicsandfinance.blogspot.com)
Jim Sinclair on a Greece default, the pending ISDA decision and the insolvency of the five largest U.S. banks! So who is Jim Sinclair, what is the ISDA and what do either one have to do with the Greece sovereign debt crisis or the solvency of banks in the U.S.? Because the way that the Greece sovereign debt crisis will ultimately be handled by the EU has implications far beyond either Greece or th...
submitted by
PoliticsandFinance on 1st Feb 2012 (via politicsandfinance.blogspot.com)
A SOLUTION must be found to Greece's debt crisis by the end of today – or there will be significant consequences for the global economy, the head of the European Commissio
submitted by
Scotsman on 20th Jul 2011 (via news.scotsman.com)
A feeling of doom hovers over Greece as the debt crisis worsens and Greek society is losing faith both in its leaders and their ability to overcome the ever-increasing possibility that in the end the country will not be able to deal with its sovereign debt, argues Yiannis Roubatis. More »
submitted by
EurActiv on 21st Oct 2011 (via euractiv.com)
Are you up to date on the Greece debt crisis, the contaminated produce you should stay away from, the general lack of fear in the financial markets and why the housing market can't improve? At The Economic Spy these stories and more were examined during the past week. It is important to stay current on issues that have the potential to affect our lives. For instance, did you know that Apples ...
submitted by
PoliticsandFinance on 19th Jun 2011 (via politicsandfinance.blogspot.com)
Spain and Portugal are not facing fiscal difficulties as serious as those of Greece, says European Central Bank president, as market fears over the spread of debt crisis to other euro zone countries continued to place pressure on share prices
submitted by
FT on 7th May 2010 (via traxfer.ft.com)
European business leaders are becoming worried that the debt problems of countries such as Greece and Portugal will weaken already sluggish growth, putting Europe further behind Asia and the US
submitted by
FT on 30th Mar 2010 (via traxfer.ft.com)
Greece has a future beyond the current crisis, whether the country defaults or not, argues Sophia Chrysopoulou. More »
submitted by
EurActiv on 12th Oct 2011 (via euractiv.com)
Everything you always wanted to know about the Euro Debt crisis, but it was always just way to damn complicated to bother with! Courtesy of The New York Times, this chart will help the layman economist at least attempt to understand all of the currents and potential cross-currents of the Euro Debt crisis. The thing that is missing is the exposure of the US banking system to the crisis in the form ...
submitted by
PoliticsandFinance on 24th Oct 2011 (via politicsandfinance.blogspot.com)