Greek Debt Crisis News
Greek bond issue marks milestone in recovery from bailout
The Greek government says it has raised 3 billion euros ($3.5 billion) with the country's first bond issue in more than three years, which was more than two times oversubscribed
Greece waits for 'right moment' for bond market return
Greece's government says it is still waiting for the "right moment" to re-enter the bond market, playing down expectations of an issue by the end of the week
What's Behind the US Stock Market's Rough Ride in the Past Week
Following a slump in the U.S. stock market last week, share prices went for a roller-coaster ride today, with the Dow Jones industrial average plunging about 1,000 points in the morning before recovering somewhat in afternoon trading. The volatility of the market appears to be related to domestic
Here's What's Driving the Decline in US Stocks
Following a slump in the U.S. stock market yesterday, shares continued to plunge today related to domestic and global economic concerns. Today, the Dow Jones industrial average had its worst day in four years, losing about 529 points, or 3.1 percent, to 16,461 at the close of trading in New York;
Greece Bailout Deal: What It Means for the Country
After nearly 17 hours of negotiations, Greece and its creditors reached a deal today that keeps the nation in the European Union -- avoiding an unprecedented " Grexit ," while paving the way for a third bailout . But the Greek people are not "out of the woods" yet, economists say. It's not clear
What Greece's Leaders Can Learn From Greek Philosophers
While Greek thinkers Socrates, Plato and Aristotle are known as some of Western civilization's greatest philosophers, and not necessarily economists, their work may have some nuggets of wisdom for their modern descendants facing the current financial crisis . These giants of philosophy may or may
Greece's Economy and How It May Affect the US
Greece 's economic crisis contributed to a dip in U.S. stocks today, but Americans may have learned their lesson from their past exposure to the nation. After the Greek people voted "no" for creditors' austerity measure, a " Grexit ," or a Greek exit from the European Union , may or may not happen.
Greece: How People Are Dealing With the Financial Crisis
On the brink of a major default on its loans before Tuesday's deadline, Greece shut down its banks today and created financial chaos among its citizens. Greeks are limited to cash withdrawals of just 60 euros a day, worth about $60 as the value of the euro against the dollar has plummeted in recent
Valentine's Day 'I Love You' Costing More This Year
Morning Money Memo: Do you plan on telling your sweetheart “I Love You” with a sweet treat this weekend? Well, that Valentine’s Day candy fix may cost you a bit more this year. Chocolate makers raised prices as much as 8 percent last year, according...
US Markets Fall Amid Overseas Woes
Morning Money Memo: U.S. markets are lower this morning, as European fears and negative China data have pushed many markets across the globe into the red for the day. Greek Prime Minister Alex Tsipras this weekend declared an end to years of austerity in Greece,...