The Big Problem With Europe’s Reverse Debt Crisis

  Analysts have been wowed by the dramatic decline in borrowing costs for core European countries—Germany, France, Belgium, the Netherlands, and Austria—at the same time as yields on Spanish and Italian bonds soar out of control. But this is really

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

Greek program needs redesigning, says PIMCO CEO

      By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says

Yannis Stournaras, financ…

Yannis Stournaras, finance minister, said the governing coalition would have to accelerate reforms before asking for modifications in a €174bn programme agreed in February with the European Union and the International Monetary Fund.

Greece Gives Up Immediate Plan For Getting New Bailout Terms

Sunny Business Germans Cough Up for Solar Subsidies

It is already known the intention of Germany to shut down all nuclear reactors after the recent accident in Japan due to the tsunami created there.  It is also known thatinvestments in renewables sources of energy involve a huge amount

David Cameron ‘prepared to halt immigration of Greeks into UK’ | UK news | The Guardian

Dear Mr. Cameron, I read the following Post in the guardian site and I would like to kindly ask you to concentrate more on your domestic issues rather than dealing with the rare occasion of getting immigrants from Greece. You

Byron Wien: I Spoke To The Smartest Man In Europe, And What He Had To Say Was Terrifying

CNBC Byron Wien Blackstone’s Byron Wien is up with a new blog post, wherein he relays a conversation he had with someone he only refers to as The Smartest Man In Europe. Wien doesn’t say who The Smartest Man In Europe is,

Colors of Greece

ECB representative tells Athens to focus on reforms

Greece would benefit more from speeding up structural reforms than spending time right now on renegotiating its bailout deal with its lenders, European Central Bank executive board member Joerg Asmussen told The Economist Conference in Athens on Monday. “The first

Greek diaspora tapped for donations to cancel debt

Vangelis Marinakis, the owner of Olympiakos Football Club – is said to have contributed 3,000 euros for each of the club’s 55 staff Greeks living abroad are being asked to contribute to a charity domiciled in Delaware that plans to