TITLE

Europe rolls towards a Greek default

PUB. DATE
May 2012
SOURCE
Evening Standard;5/24/2012, p14
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
YESTERDAY'S summit of EU leaders was as inconclusive and contradictory as have been previous efforts to solve the deepening crisis in the euro. After the German central bank suggested the eurozone may be better off without Greece, the President of the European Council, Herman Van Rompuy, said that the EU wants Greece to remain but to "respect its commitments".
ACCESSION #
75905077

 

Related Articles

  • European markets tumble as investors fear Italian default. Marquand, Robert // Christian Science Monitor;7/12/2011, pN.PAG 

    Investors in Europe have set their sights on Italy, speculating that if a Greek bailout isn't approved and Athens defaults on its government debt, Italy is next.

  • Europe's Default in Credibility. LERRICK, ADAM // International Economy;Winter2011, Vol. 25 Issue 1, p42 

    The article focuses on the debt crisis in the European Union (EU). It mentions the statement of EU Commissioner Joaquín Almunia that default does not exist in the euro area, the failure of the Euro-Union in improving the market prices, and the existence of 76.5 billion pounds of risky Greek,...

  • Management of Greek Sovereign Risk. Oldani, Chiara // IUP Journal of Financial Risk Management;Dec2011, Vol. 8 Issue 4, p25 

    In 2010, excessive public spending produced the first sovereign bond market crisis in Europe: Greece. The Hellenic crisis is the product of years of recession, sluggish economic environment and poor productivity, and above all, it is the product of the mismanagement of public finances, and...

  • In positive week for eurozone, warnings rise that crisis isn't over. Steininger, Michael // Christian Science Monitor;3/16/2012, pN.PAG 

    Europe is heaving a sigh of relief. A messy Greek default has been averted, a permanent rescue fund is about to be installed to prevent future "credit events" with EU governments, Europe's banks have received massive cash injections from the European Central Bank (ECB), and there is relative...

  • Wild western rolls. Wolson, Shelley // Restaurant Business;4/10/93, Vol. 92 Issue 6, p101 

    Looks at the westernization of the egg roll. Original version; Spring rolls; Restaurants offering egg rolls. INSET: Greek egg rolls..

  • PERSIAN PROPAGANDA - A NEGLECTED FACTOR IN XERXES' INVASION OF GREECE AND HERODOTUS. Kelly, Thomas // Iranica Antiqua;2003, Vol. 38, p173 

    Examines the use of propaganda and psychological warfare months before Xerxes' invasion of Europe in 480 B.C. Ultimate aim of psychological warfare; Attitude of Greeks toward the Persians and the Persian empire; Assessment of Greek-Persian relations; Contacts between the Greeks and the Persians...

  • How This Greek Tragedy Will End. Righter, Rosemary // Newsweek (Pacific Edition);9/26/2011 (Pacific Edition), Vol. 158 Issue 13, p5 

    The article examines prospects for the Greek debt crisis. It notes the implications of the Greek bailout for European taxpayers and governments. It points out the threat posed by Greece's dependence on the eurozone to the euro. It contends that the main issues surrounding a Greek default include...

  • Why the Greek crisis has global reach. Cala, Andrés // Christian Science Monitor;6/28/2011, pN.PAG 

    World markets, financial institutions, and governments have been anxiously watching for resolution to the Greek debt crisis. If Greece were to default, some experts predict losses to banks and investors across Europe -- and even in the United States -- that would undermine global economic...

  • Greek austerity squeeks through, but budget woes remain. Marquand, Robert // Christian Science Monitor;6/29/2011, pN.PAG 

    Greek lawmakers under terrific urging from European Union officials today voted 155 to 148 to accept a package of austerity necessary to avert a government default and avoid a feared chain reaction of market turmoil around Europe and the world.

  • The Sovereign Debt Crisis: A Modern Greek Tragedy.  // Central Banker;Summer2012, Vol. 22 Issue 2, p1 

    Information about the discussion "Sovereign Debt: A Modern Greek Tragedy," presented by Christopher Waller, senior vice president and director of Research, held in May 8, 2012, is presented. Waller, with assistance from economists Fernardo Martin and Christopher Neely, explored the sovereign...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics