Posts Tagged ‘greek bonds’

U.S. markets suffer Monday morning blues

Diane Alter – Fourth Estate Cooperative Reporter New York, NY, United States (4E) – U.S. markets suffered from the Monday morning blues, with the Dow down nearly 100 points on the open. Jittery investors have a close eye on development from European ministers who are meeting over the next two days. On the agenda, the […]

Stock up Friday on solid jobs report and news from Greece

Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – U.S. markets got a bounce from a slightly better than expected jobs report on Friday and positive news from Greece. Just after the opening bell on Wall Street, the Dow Jones Industrial Average rose 20 points, the Standard & Poor’s 500 Index gained […]

Papandreou secures Greek Parliament vote on property tax

Vittorio Hernandez – AHN News Athens, Greece (AHN) – Greece solved one roadblock to getting another round of bailouts after Prime Minister George Papandreou got the parliament’s approval on Tuesday of a property tax to meet the country’s debt-reduction targets. Greek MPs voted 155 to 142 to okay the tax after Finance Minister Evangelos Venizelos […]

ECB threatens to stop lending to banks using Greek bonds as collateral

The European Central Bank threatened on Thursday to stop lending to banks that would use Greek government bonds as collateral. The ECB would carry out the threat if Greece could successfully change the terms of its debts. The regional central bank is against the restructuring of the Greek debt because of fears it would bring […]