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Breaking News Mon, 8 Feb 2010
Eurozone retail sales slump 2.1%
(photo: WN / Denise Yong)
Euro softens vs dollar on euro zone debt worries
The Guardian
* Euro softens as euro zone woes persist * Investors sceptical of G7 assurance on Greece * IMM data shows speculators increase bets on euro losses (Updates prices, adds quotes) By Jessica Mortimer LONDON, Feb 8 (Reuters) - The euro slipped against the dollar on Monday, staying near multi-month lows ...
Brokers are seen under the curve of German stock index DAX at the stock market in Frankfurt, central Germany, Monday, Oct. 20, 2008.
(photo: AP / Michael Probst)
European stocks rally despite debt fears
Houston Chronicle
| LONDON - European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal to buy into stocks made cheaper by last week's vicious sell-off. | Sentiment remains balanced on a knife's edge, however, with hope fo...
`Diplomats' ready to take on world
Hong Kong Standard
The myriad tasks entrusted to the United Nations include helping to foster peace. | //--> Friday, February 05, 2010 | ADVERTISEMENT | The myriad tasks entrusted to the United Nations include helping to foster peace. | The world body does this through...
Jitters remain on Greek debt crisis
Hong Kong Standard
Worries about Greek sovereign debt and a potential spillover elsewhere rattled financial markets again yesterday, squelching a tentative recovery by both European shares and the euro. | //--> Tuesday, February 09, 2010 | Worries about Greek sovereign...
Market Frenzy Over Greece Is Disturbingly Familiar
The New York Times
| PARIS - The feeding frenzy in bond markets over highly indebted southern euro zone states recalls the runs on European currencies in the 1990s, before the euro was created. | European governments eventually surmounted that challenge with a sustaine...
Greek Debt Crisis Causing 'A Wholesale Selling Off Of The Country,' Says Analyst
Huffington Post
| wsj.com: | The Athens Stock Exchange's general index closed 3.9% lower at 1806.40 on relatively heavy turnover, while major markets firmed. Investors also demanded a higher premium for holding Greek government bonds over German Bunds, the euro zone...
A man is seen walking near a sign that showing the 2 Euro coin, in Nicosia, Cyprus, Friday, Dec. 28, 2007. Cyprus and Malta will join the euro zone, on Tuesday, Jan. 1, 2008.
AP Photo / Petros Karadjias
G7 talk on Greece will not soothe global investors
The Guardian
By William Schomberg TORONTO, Feb 7 (Reuters) - Investors are skeptical of assurances European finance ministers gave to their Group of Seven counterparts this weekend that the eur...
International Monetary Fund Managing Director Dominique Strauss-Kahn speaks during a news conference at IMF headquarters Saturday Oct. 11, 2
AP / Jose Luis Magana
UK economy 'faces crisis' warns former IMF economist
BBC News
| Britain should be seen in the same category of countries as Greece and Spain, who are facing severe debt problems, a leading economist has said. | Ex-IMF chief economist Simon Jo...
George Papandreou
Creative Commons / ArielGlenn
Alarm spreads over Europe's massive deficits
Breitbart
| People wait in line at a government employment office in a Madrid suburb. T... | Greek Premier George Papandreou attends the Economist Conference in Athens ... | Demonstrators ta...
Dollar rally pauses, perhaps not for long
Toledo Blade
NEW YORK — The rebounding dollar took a break Monday as some investors second guessed of the risk of government defaults in Europe. | In afternoon New York trading Monday, the 16-nation euro rose to $1.3701 from $1.3634 late Friday. It bottomed...
GLOBAL MARKETS-U.S. stocks, dollar slip as euro debt woes linger
The Guardian
* Banks lead financials lower on euro zone exposure fears * U.S. dollar slips as risk appetite improves; euro higher * Oil gains on a weak dollar, Iran geopolitics and cold * U.S. bonds edge down ahead of Tuesday's auction (Updates with close of U.S....
U.S. dollar slips, but strong trend remains intact
The Guardian
* Euro recoups some losses but remains fragile * G7 inadequate on Greece, more needed-analysts * Other high-yielding currencies strengthen (Updates prices, adds quotes) By Gertrude Chavez-Dreyfuss NEW YORK, Feb 8 (Reuters) - The U.S. dollar drifted l...
Economy
A couple look in a shop window in Ermou St. Athens' main shopping district Thursday, Feb. 4, 2010.
(photo: AP / Marita Pappa)
Greece readies tax change to fight crisis
Seattle Times
ATHENS, Greece - | Greek officials put the final touches Monday on an overhaul of the country's ineffective tax system - part of their urgent effort to fix a debt crisis that has shaken the entire eurozone. | The center-left government, elected in October, has pledged to fight endemic tax evasion and increase taxes on the rich, as well as taxes on ...



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WORLD WEATHER
Athens, Greece
2009.02.25
light showers.
Min:
3°C/37°F

Max:
9°C/48°F
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