Former Greek P.M.: 'What Happens To Greece Is A Precedent For What Could...
The markets have feared the possibility of a Grexit (Greece exiting the European Union) for quite some time now. However, if that eventually happens, will it be as disastrous as some are making it out...
View ArticleNo Bailout Agreement Expected For Greece, Despite Looming IMF Payments
On Monday afternoon, eurozone finance ministers are set to convene in order to discuss the reform proposals submitted by Athens. The proposals cover options to receive another installment of bailout...
View ArticleEurozone Growth Picks Up, Investors Still Cautious
Data out this week appeared to show that the European Central Bank's quantitative easing program has helped turn the region around; the eurozone economy grew at its fastest pace in almost two years...
View ArticleWhat Impact Can A 'Graccident' Have On The Markets? Mohamed El-Erian Explains
Greece is running out of cash at a much higher rate than previously thought and yet there are no signs of a deal with its international creditors to resolve liquidity issues concerning the country....
View ArticleGreek Deal Expected By The End Of The Week, Grexit Unlikely
With many expecting Greece to run out of cash in a matter of weeks, the nation's finance minister Yanis Varoufakis commented that a deal to unlock some of the nation's bailout money was in the cards.On...
View ArticleDespite Warnings About A Grexit, Investors Remain Calm
With Greece and its EU creditors still trying to work out the details of an agreement to release the nation's bailout funds just days before Athens is due to make loan repayments, policymakers in other...
View ArticleCredit Suisse: 5% Chance Of 'Complete Financial Collapse' In Greece
In a report published Friday, Credit Suisse analyst Sean Shepley discussed the likelihood of a Greece default, or a "Grexit" from the European Union. According to Shepley, a deal between Greece and...
View ArticleGreece Puts Off IMF Payment, Debt Deal Still In Limbo
Despite months of negotiations, Greece has been unable to secure its much-needed next installment of bailout funding. The nation has been struggling to stay afloat financially; its loan repayment to...
View ArticleGreek Banks Struggle To Handle Deposit Outflows With Default Fears Rising
On Wednesday, the European Central Bank increased its emergency funding for Greek banks to €83 billion from €80.7 billion, as nervous depositors raced to withdraw their funds. The nation has been...
View ArticleETF Investors Aren't Afraid Of Greek Default
The continuing saga over a Greek sovereign default has seemingly reached critical mass. Market watchers are divided over whether a deal can be reached to meet financial obligations and set the country...
View ArticleDespite Deteriorating Talks, Bookies See Greece In Eurozone
Online betting operations aren't just for sporting events.Sites like Ladbrokes and William Hill allow people to put money on the outcome of political events like important elections, major policy...
View ArticleThe Grexit And Why 'We're About To Witness The Return Of Drachma'
Investment advisory deVere Group has over 80,000 clients located in 100 countries around the globe. However, comments by International Investment Strategist Tom Elliott were laser focused on one...
View ArticleOptions Traders: No Shame In Waiting Out Greece This Week
Get a full recap of this week's outlook in the video below:Recap: The indices ended green for the week, but ended Friday on a red note. Most notable was the outperformance of the small-caps as they...
View ArticleUBS Sees 40% Chance Of A 'Grexit'
In a report published Sunday, a team of UBS analysts discussed recent developments in Greece, noting that a deal between the country and its creditors was looking "increasingly likely" in recent days,...
View ArticleWilbur Ross On Greece, The Rise Of Democracy, The Fall Of Civilization And...
Wilbur Ross, chairman and CEO of WL Ross Holding Corp (NASDAQ: WLRHU) is regarded as a maverick when it comes to restructuring failed companies. But how do you restructure a failing government?Ross...
View ArticleWhat's Next In Greece: Will Tsipras Stay And Will We See A Grexit?
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...
View ArticleGreeks Vote 'No' To Bailout, Grexit Risk Might Have Just Increased
Nearly all of the submissions have been counted in Greece's referendum poll Sunday, and the results have surprised some experts. More than 60 percent of the nation's votes said "no" -- or "Oxi" in...
View ArticleEl-Erian: Expect 'Selloff In Global Equities' And Pressure On Greek, Eurozone...
With Greeks apparently rejecting bailout terms from creditors, one expert expects turmoil in the markets. In a Facebook post on Sunday, Mohamed A. El-Erian, Chief Economic Adviser at Allianz and...
View ArticleWhat Does Greece Do Now?
On Monday morning, European markets were reeling after Greek voters' decision to strike down the bailout deal offered to Greece on Sunday. The nation's voters stood firmly behind Prime Minister Alexis...
View ArticleHere's How Many Europeans Want Greece To Leave
Statista data journalist Niall McCarthy has just released a compelling infographic explaining how many Europeans want a "Grexit." The numbers, sourced from a YouGov poll, are broken down by country....
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