Posts Tagged: economy

The IMF Published This Cryptic Statement On Greece Following Yesterday’s Der Spiegel Bombshell

  The IMF has said that it will meet with Greek officials later this week to get the country’s economic program “back on track.” This statement comes in the wake of yesterday’s bombshell Der Spiegel article alleging that the IMF will not

The IMF Published This Cryptic Statement On Greece Following Yesterday’s Der Spiegel Bombshell

  The IMF has said that it will meet with Greek officials later this week to get the country’s economic program “back on track.” This statement comes in the wake of yesterday’s bombshell Der Spiegel article alleging that the IMF will not

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MOODY’S SLASHES ITALY BY 2 NOTCHES

  Moody’s just downgraded Italy’s govenment bond rating to Baa2 from A3, a two notch downgrade.  And the outlook remains negative. They gave two reasons for the move: “Italy is more likely to experience a further sharp increase in its funding costs or

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MOODY’S SLASHES ITALY BY 2 NOTCHES

  Moody’s just downgraded Italy’s govenment bond rating to Baa2 from A3, a two notch downgrade.  And the outlook remains negative. They gave two reasons for the move: “Italy is more likely to experience a further sharp increase in its funding costs or

/ News

Paul Krugman: The Euro Crisis Will End With Something ‘Impossible’ Happening

In an exclusive interview, Paul Krugman — who just published a new book titled End This Depression Now! — tells us how the Euro crisis will end. He basically sees two possible outcomes, both of which are “impossible.” One possibility is that

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Paul Krugman: The Euro Crisis Will End With Something ‘Impossible’ Happening

In an exclusive interview, Paul Krugman — who just published a new book titled End This Depression Now! — tells us how the Euro crisis will end. He basically sees two possible outcomes, both of which are “impossible.” One possibility is that

/ News

Coalition leaders agree to bring forward bailout renegotiation

 Fotis Kouvelis is seen leaving the Maximos Mansion following a meeting with coalition partners Antonis Samaras and Evangelos Venizelos. The leaders of the three parties that form Greece’s coalition government agreed Wednesday to speed up the process by which Athens

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Coalition leaders agree to bring forward bailout renegotiation

 Fotis Kouvelis is seen leaving the Maximos Mansion following a meeting with coalition partners Antonis Samaras and Evangelos Venizelos. The leaders of the three parties that form Greece’s coalition government agreed Wednesday to speed up the process by which Athens

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Italy Faces ‘War’ in Economic Revamp, Monti Warns

Prime Minister Mario Monti said Italy faced a “war” at home and abroad as his government pushes to revamp the euro-zone‘s third-biggest economy and extricate it from the region’s debt crisis. The premiere’s remarks at a banking conference in Rome

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Italy Faces ‘War’ in Economic Revamp, Monti Warns

Prime Minister Mario Monti said Italy faced a “war” at home and abroad as his government pushes to revamp the euro-zone‘s third-biggest economy and extricate it from the region’s debt crisis. The premiere’s remarks at a banking conference in Rome

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Portugal’s Leader Won’t Soften Austerity

Portuguese Prime Minister Pedro Passos Coelho vowed to push ahead with the government‘s plan to revamp the small country‘s economy despite calls from opposition lawmakers to renegotiate terms of its €78 billion ($97 billion) bailout. “The big objectives that the

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Portugal’s Leader Won’t Soften Austerity

Portuguese Prime Minister Pedro Passos Coelho vowed to push ahead with the government‘s plan to revamp the small country‘s economy despite calls from opposition lawmakers to renegotiate terms of its €78 billion ($97 billion) bailout. “The big objectives that the

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Madrid Austerity Plan Boosted to $80 Billion

Associated Press A demonstrator bleeds during a coal miners‘ march on Wednesday to the Ministry of Industry building in Madrid to protest huge cuts in subsidies. Miners walked nearly three weeks from their pits to the capital. MADRID—Spanish Prime Minister

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Madrid Austerity Plan Boosted to $80 Billion

Associated Press A demonstrator bleeds during a coal miners‘ march on Wednesday to the Ministry of Industry building in Madrid to protest huge cuts in subsidies. Miners walked nearly three weeks from their pits to the capital. MADRID—Spanish Prime Minister