In twist to financial crisis, Germany seeks labour relief from Greece
The 33-year-old's former company in Saloniki put him on part-time earlier this year because, struck by the financial crisis, it could no longer afford to pay full salaries. It took Kotanidis only six weeks to land a full-time position in Germany. ...
The European Financial Crisis And US Financing Opportunities
istockAnalyst.com (press release)
The European financial crisis has sent jitters around the world. For corporate financial managers in the United States the crisis raises questions about the availability of credit for mergers and acquisitions, operating lines and other purposes. ...
Debt Contagion Fears Hammer the Market
Debt Contagion Fears Hammer the Market.
Asia at risk from the European contagion
Following the disaster of the Asian financial crisis in 1997-98, the region's banking system had been tightly regulated while central banks had built large war chests of foreign exchange reserves. For a brief period, there was talk of "decoupling" Asia ...
*Global terrorism, global warming , financial crisis discussed
Ceylon Daily News
The minister observed that global terrorism, global warming and the current financial crisis in the world were among the broadly discussed topics in almost all the recently concluded sessions of the international conferences. ...
(Update) The Fire Next Time: The Euro Financial Crisis - The Rise of The ...
13, 2011, under Blog For Arizona In last week's episode of the melodrama Euro Financial Crisis, our heroes Rocky and Bullwinkle were in a cliff hanger in Italy: "Will the fat lady sing in this Italian Opera? Is it curtains for our heroes? ...
Berlusconi's Party Backs Economist as New PM
The stakes couldn't be higher: Amid Rome's treacherous politics, Monti must enact severe austerity measures and show his "too big to bail out" country is serious about avoiding default—or risk tearing apart the euro zone. He faces $2.6 trillion in ...
HAVE YOUR SAY: Tourists set to flock to Mornington Peninsula
That's the message from peninsula tourism chiefs, who predict factors including the financial crisis ripping through Europe will see many more Victorians holidaying closer to home. “It's going to be unbelievable,” Mornington Peninsula Tourism executive ...
Politicians must dish out the cold, hard facts
... financial markets, as the debt and financial crisis engulfing the Eurozone intensified. This completed the demise of incumbent regimes in every country of the so-called PIIGS group [Portugal, Ireland, Italy, Greece, Spain]. The PIIGS have fallen! ...
"Two-speed growth" to continue, "two firewalls" crucial: IMF official
To contain risks stemming from the debt turmoil, European leaders last month agreed on a policy framework to restore debt sustainability in Greece, recapitalize European banks, strengthen the firewall against financial contagion and lay the foundation ...
Coming Week: All Eyes On The ECB
After suffering from growing fear that rising Italian bond yields threatened to hit 7% and bring about an Italian default, markets stabilized Thursday and rallied Friday, despite little news. The likely explanation appears to be a rumor that the ECB ...
Fitch assigns low default risk on Usha Martin
Ratings agency Fitch affirmed a low default risk on steel wire rope manufacturing giant Usha Martin with a stable outlook on the back of the company's good Ebidta margin and credit position. Fitch in a statement said that "Fitch Ratings has affirmed ...
Greece has long history of default
Sir -- Your editorial 'We're not unlike the Greeks after all' (Sunday Independent, November 6, 2011) mentioned the similarities between Ireland and Greece; especially now that both countries are 'a protectorate of hostile EU powers that have scant ...
Hope for housing: First-home market set for recovery
After a big slump following the global financial crisis, first home buyers figures are expected to climb in 2012. Source: Supplied AUSTRALIA'S struggling first-home market finally looks set for recovery as buyers regain confidence in the property and ...
Market for second-hand buy-out deals grows
By Daniel Schäfer in London Four years into the financial crisis, an investment strategy where debt is being piled on top of debt might seem a risky approach similar to the leveraged world of the pre-2007 bubble years. But in one opaque and not widely ...
'Basis risk': two little Wall Street words that could spell big trouble
Crain's New York Business
By Aaron Elstein @InTheMkts During the financial crisis of 2008, the English-speaking world was introduced to such lovely Wall Street jargon as “liquidity event” (as in, no ready cash to pay the bills), “solvency concerns” (the odds of bankruptcy) and ...
New Reverse Mortgage Underwriting Impact Depends on “Location, Location, Location”
Reverse Mortgage Daily
While it's impossible to determine at such an early stage, it's likely the new financial assessment could most impact states with high tax and insurance default rates. As one broker told RMD, it's all about “location, location, location. ...
Q2 GDP growth may be below 7.7%: Pranab Mukherjee
Union finance minister, Pranab Mukherjee, said in Kolkata on Sunday that with the worldwide financial crisis, he did not expect the GDP growth rate to improve in this quarter, although some improvement might be possible in the third. ...
Gold to test resistance, fall
Hindu Business Line
Greece and Italy – the two EU economies at the centre of the current debt default and contagioncrisis – are in the process of forming new governments, which has defused some of the tensions and uncertainty in global financial markets. ...
Troika to PIIGS: Shut Up and Take Your Medicine - Dollars & Sense ...
By Chris Sturr
The mainstream press around the world is jubilantly covering the change in leadership in both Greece and Italy, as the people in those countries and the other “PIIGS” continue to have harsh austerity measures imposed upon them. In Greece ...
Dollars & Sense Blog
Businomics Blog: The European Financial Crisis and U.S. Financing ...
By Bill Conerly
The European financial crisis has sent jitters around the world. For corporate financial managers in the United States the crisis raises questions about the availability of credit for mergers and acquisitions, operating lines and other purposes.
Vatican Statement on World Financial Crisis, Cont. | CLR FORUM
Some more information about the Pontifical Council”s recent statement on the world financial crisis, which drew attention for suggesting the need for global government. According to veteran Vatican correspondent Sandro Magister of the ...
Radical Ignorance in the Financial Crisis « ThinkMarkets
By Sandy Ikeda
Jeffrey Friedman and Wladimir Kraus have a new book out, Engineering the Financial Crisis, (Univ. Penn Press) that grew out of research that first appeared in Critical Review back in 2009 on the “Causes of the Crisis.” Friedman's lead article ...
(Update) The Fire Next Time: The Euro Financial Crisis - The Rise of ...
By AZ BlueMeanie
Posted by AzBlueMeanie: In last week's episode of the melodrama Euro Financial Crisis, our heroes Rocky and Bullwinkle were in a cliff hanger in Italy: "Will the fat lady sing in this Italian Opera? Is it curtains for our heroes?...
Blog For Arizona
US companies are feeling the impact of Europe's financial crisis as ...
By The Associated Press
US companies are feeling the impact of Europe's financial crisis as recession fears grow Provided by The Canadian Press. Posted on Sun, Nov 13, 2011, 3:45 pm by The Associated Press. NEW YORK – The tremors from Europe's financial ...
Lesson from Iceland's 2008 Financial Crisis: Let Banks Fail
Portugal, Ireland, and Spain — the other three of the so-called PIIGS EU ... copy the example of tiny Iceland, in how it weathered a financial crisis three years ago ...
ECB as Lender of Last Resort Would End Crisis for Silva ...
The European Central Bank can stop the spread of the continent's financial crisis with “foreseeable, unlimited” purchases of Italian and other government bonds, ...
ECB Weidmann: ECB Not Lender Of Last Resort For Governments -FT
Wall Street Journal (India)
FRANKFURT (Dow Jones)--Although the system of European central banks remains a lender of lastresort for solvent but illiquid banks, the European Central Bank "must not be" a lender of last resortfor sovereign nations because that would go against the ...
Europe's mess gives US a reprieve on debt comeuppance
Los Angeles Times
By Tom Petruno Market Beat But for millions of Americans who've sought refuge in bond investments since 2008, it's hard not to be appreciative of Europe's grinding financial crisis. The threat of a meltdown across the Atlantic has kept money pouring ...