James Galbraith, an economics professor at the University of Texas, talks about Greece’s sovereign-debt crisis and the possibility that the nation may leave the euro…
BANK RUNS in GREECE – Will the SYSTEM COLLAPSE? (Michael Rivero) A spreading bank run could hasten Greece’s exit from the euro zone but it certainly doesn’t have to end that way. It is far less clear what the impact would be should the wave of withdrawals accelerate in other peripheral states such as Spain or Portugal, which are further from outright revolt over German-led austerity, and which, du…
Elections in early May have changed the way Greece is doing business. There is talk that Greece may well stop doing business with the European Union. Reporter Frank McCaffrey spoke with ALG’s Robert Romano about the new direction of this European nation….
May 4 (Bloomberg) — Athens Stock Exchange Chairman Socrates Lazaridis discusses investment opportunities in Greece and this weekend’s general elections. He speaks from Athens with Maryam Nemazee on Bloomberg Television’s “The Pulse……
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Euro Zone Support for Portugal Debt Relief As the Greek debt dilemma finds resolution, currency traders wonder if there will be similar Euro Zone support for Portugal debt relief. Both Greece and Portugal are part of the so called PIIGS group. Portugal, Italy, Ireland, Greece, and Spain all have been in danger of defaulting on their national debts. The situation was suf…
Greece has extended the deadline for its latest debt swap plan for a second time. The new deadline for bonds governed by foreign law is now April 20, the Greek finance ministry said.Powered by NewsLook.com Producer : Xinhua News Agency…