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Tag Archives: Greece
EU Sees Wider Greek Deficit, Roiling Markets
Bonds Fall as Investors View Bailout and Default as Givens By CHARLES FORELLE BRUSSELS—New figures revealed that Greece’s debt crisis is even worse than investors believed, delivering a fresh shock to European markets and all but ensuring that the International Monetary Fund and euro-zone countries will have to step in within weeks to bail out [...]
Posted in Bond Markets, Business, Euro Zone, Greece, IMF, Solid Principles, Wall Street Journal
Tagged as: Athens, Bailouts, BNP Paribas, Euro Zone, European Commission, European Markets, Greece, Greek Debt, IMF, Investors, Moody's, Portugal, Spain, WSJ
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Greek bonds plunge on continued debt worries
Officials deny seeking IMF bypass; Germany at odds over borrowing costs: reports By: William Watts LONDON (MarketWatch) – Greek government bonds fell sharply Tuesday amid renewed worries over the details of a standby aid program approved last month by euro-zone leaders. The euro also came under heavy pressure, sinking 0.8% versus the dollar to $1.3379 and [...]
Posted in Bond Markets, Business, Solid Principles
Tagged as: Bond Market, Dow Jones Newswires, EU, Euro Zone, Germany, Government Bonds, Greece, IMF, PM George Papandreou
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When Responsibility Doesn’t Pay
Welfare always breeds contempt. By: Mark Steyn While Barack Obama was making his latest pitch for a brand-new, even-more-unsustainable entitlement at the health-care “summit,” thousands of Greeks took to the streets to riot. An enterprising cable network might have shown the two scenes on a continuous split-screen — because they’re part of the same story. [...]
Posted in Health Care, NRO, Solid Principles
Tagged as: America Alone, Greece, Health Care Summit, Mark Steyn, NRO, Welfare State
1 Comment
