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Investors Expect A Grexit, But Remain Calm
Wednesday, April 29, 2015 - 12:25pm | 412Read More...German research firm Sentix released a survey on Tuesday which showed that nearly half of the participating investors believe that Greece will exit the eurozone within the next year. The figures showed that 48.3 percent of those surveyed saw the nation leaving the block by April 2016, proving...
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Greece Isn't The Only Flight Risk For The Eurozone
Tuesday, April 28, 2015 - 11:48am | 367Read More...Greece's financial woes have raised questions over whether or not the eurozone should be preparing for the nation to exit the currency union. However, although Greece has been in the spotlight for the better part of three months, it isn't the only nation the European Union stands to...
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Greece's Finance Minister Quotes Roosevelt To Express His Frustration
Monday, April 27, 2015 - 10:31am | 445Read More...Following another tough round of reform talks over the weekend, Greek Finance Minister Yanis Varoufakis tweeted a quote by Franklin Roosevelt which read "they are unanimous in their hate for me; and I welcome their hatred." The sentiment, he said, best describes how he has been...
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Why A 'Grexit' Shouldn't Ignite Colossal Fear
Friday, April 17, 2015 - 2:30pm | 404Read More...The economic crisis in Greece has convinced many market participants, including former hedge-fund manager Stanley Druckenmiller, that Greece is likely to leave the eurozone. Druckenmiller was on Bloomberg recently to discuss why Greece exiting the eurozone won't really have severe effects....
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EU Policymakers Express Frustration As Greek Bailout Talks Flatline
Thursday, April 16, 2015 - 1:34pm | 365Read More...For months, Greece and its creditors have been working to come to an agreement regarding financial reforms in order to unlock the next installment of bailout money and keep Athens afloat. However, comments this week from EU policymakers suggest that Greece is running out of time and its...
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Greece Promises To Pay, But With What Cash?
Wednesday, April 8, 2015 - 12:17pm | 395Read More...After much speculation that Greece was almost out of cash, the nation confirmed this week that it had enough money to make its debt payment to the International Monetary Fund on Thursday. Athens is due to pay €460 million to the IMF, but stalled negotiations with Greece's EU creditors had many...
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Bill Gross Reveals 'The Trade of The Last Few Years'
Monday, April 6, 2015 - 9:44am | 328Read More...The bond markets have seen rampant volatility in the last few weeks on back of the deteriorating economic situation in Greece. "Bond King" and Janus Capital Group Inc (NYSE: JNS) portfolio manager, Bill Gross was on Bloomberg recently to share his views on Greece, the German bund...
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Report: Greece Will Run Out Of Cash In 7 Days
Thursday, April 2, 2015 - 10:38am | 233Read More...In seven days Greece will run out cash, Reuters reported on Thursday. The country notified its creditors that it will have no more cash on April 9, emphasizing the urgent appeal for more loans. Reuters noted that the appeal was made on teleconference call on Wednesday with eurozone deputy finance...
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4 Reasons For Tuesday Night's Huge Sell-Off In S&P 500 Futures
Wednesday, April 1, 2015 - 11:22am | 297Read More...In a report published Wednesday, analysts at JPMorgan discussed the sell-off in S&P 500 futures on Tuesday night and offered four potential explanations. About 2.5 billion futures traded in a 15-minute period on Tuesday with several stop-loss orders placed around 2048.5-2050 that were triggered...
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Greek Debt Talks Nearing An End
Wednesday, April 1, 2015 - 9:34am | 416Read More...After months of negotiations between the EU and Greek officials, it seems that the talks regarding Greece's bailout package are nearing their end, for better or worse. Although it has been a bumpy road, most believe that the two sides will reach an agreement before April 20, when Athens is...
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ECB QE Seems To Be Working...
Monday, March 30, 2015 - 12:40pm | 418Read More...Last week, the European Central Bank released lending data which suggested that the bank's easing tactics were having a positive impact on the block's forward progress. With just one month of bond buying behind it, the bank said it's stimulus program had helped to spur on lending to...
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Anti-Poverty Bill Erodes Trust Between EU And Greece Even Further
Thursday, March 19, 2015 - 3:34pm | 406Read More...Greek lawmakers elected to pass an anti-poverty bill on Thursday, despite requests from the nation's creditors that the voting process be postponed. The bill, which provides low-income families with electricity and food stamps, is expected to cost Greece approximately €200 million at a...
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Greek Drama Still Threatening Europe's Stability
Tuesday, March 10, 2015 - 9:38am | 383Read More...Although Greece was able to secure its next round of bailout funding at the end of February, the dispute is likely to have a lasting effect throughout Europe, as the region's policymakers work to iron out the details of Greece's economic reforms. This month, EU officials and Greek...
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What This Market Expert Thinks Of Greece And The ECB
Friday, March 6, 2015 - 8:44am | 566Read More...Timothy Anderson of MND Partners on Thursday discussed Eurozone developments with Benzinga. Anderson commented that the European Central Bank would begin its bond buying program on March 9 and would be "limited to Investment grade Public Sector debt" which "would exclude Greek...
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Greece Backs Out Of The Spotlight While Anti-Euro Sentiment Remains
Friday, February 27, 2015 - 10:27am | 350Read More...After a very public battle between Greece's new, leftist government and EU policymakers over Greece's bailout program, the two sides reached an 11th hour deal that will keep the nation's economy afloat with another installment of EU funding. The deal essentially extends Greece's...
















