Greece

To say that Greece is in a bit of a conundrum right now is a massive understatement. After defaulting on an IMF payment and quickly running low on emergency liquidity, the descendants of the fathers of finance are looking at the first major belly-up default in modern history. Greece is...

The holiday shortened week came to a close on light volume and unenthusiastic price action. Sellers managed to push the SPDR S&P 500 ETF Trust (NYSE: SPY) over 1 percent lower this week, as Greek default worries led to marked declines in broad-based exchange-traded funds. Nevertheless, hope...

With no sign of a bailout agreement in sight, Greece has arranged a referendum vote in which the nation's residents will decide whether the terms set out by Athens' creditors are acceptable. The country's Syriza-backed government was elected on promises to end austerity, but Prime Minister Alexis...

Niall McCarthy of Statista just released a new graphic that shows how much Greece owes the IMF. "Greece now joins an unglamorous club containing Zimbabwe, Somalia and Sudan. By the end of this year, it needs to repay SDR 4.4 billion ($6.2 billion) and SDR 18.5 billion ($26 billion) over...

While most investors are panicking because of the consequences of the Greece debt crisis, Bruce Richards, CEO of Marathon Asset Management, thinks this can turn out be an opportunity to buy U.S. and European equities at distressed levels. Richards was on Wall Street Week's "Web Extras...

The Prime Minister's Office in Athens on Tuesday sent a two-page letter to the heads of the European Commission, European Central Bank and International Monetary Fund. Various media reports, including the Financial Times noted that the letter implies the Greek government will accept most of...

While investors the world over are worrying about the outcomes of the Greece debt crisis, investors back home in the U.S. received another shock when Puerto Rican Governor Alejandro García Padilla announced on Monday that the small territory is facing problems in paying its nearly $72...

With every passing minute, the Greece debt crisis seems to take a new turn. According to latest reports, the Greek government is seeking a last-minute deal from the eurozone. However, according to Bruce Richards, CEO of Marathon Asset Management, regardless of what happens, Greek Prime Minister...

The sudden sharp decline in Greece's bailout negotiations sent shock waves throughout international markets and gave investors reason to believe that the nation was headed for an exit from the eurozone. In the U.S., markets remained relatively calm with the Dow Jones Industrial Average...

In a report published Monday, MKM Partners Chief Economist and Market Strategist Michael Darda discussed the possibility of a Greece exit from the euro and if so, is this Eurozone's "Lehman" moment. Darda noted that it's "too soon to tell" if Greece will leave the...

Bitcoin has gained about 3 percent over the past week and nearly 10 percent since the beginning of June. The cryptocurrency's rise just so happened to coincide with the rapidly deteriorating situation in Greece, leading many to believe that the two are linked. While some claim that that...