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Bloomberg: “European Leaders Should Give an Explanation Instead of Threatening”

"If European leaders fail in this attempt, then there is a possibility of being accused later regardless of the fact that some of Greece's...

Bloomberg: ECB Says "No" to Haircut on its Own Greek Debt

The European Central Bank remains firmly opposed to any restructuring of its Greek bond holdings, as the debt was acquired for monetary policy purposes,...

Bloomberg: Greek Crisis has Caused Widespread Medicine Shortages

For patients and pharmacists in financially stricken Greece, even finding aspirin has turned into a headache, Bloomberg reports. Life-saving drugs often appear as lines...

Bloomberg: Bondholders Preparing For 60% Haircut

Greek bondholders are preparing to lose as much as 60% of their investments as European leaders try to impose a solution that reduces Greece’s...

Bloomberg: 85% Of Investors Anticipate A Greek Default

A Greek sovereign debt default appears to be increasingly likely, at least according to the financial community. In a Bloomberg poll of 1,263 investors, analysts,...

Bloomberg Poll Predicts Greek Default

Most global investors predict that at least one nation will abandon the euro zone within five years and that Greece and Ireland will default,...

Bloomberg: Greek Debt Repayment Depends on Real Estate Sales

Greece’s debt repayment depends on state-owned real estate sales, according to a Bloomberg report. “When the Greek government swapped land with a Byzantine monastery on...

Bloomberg Sues ECB On Greek Swaps

Bloomberg News filed a lawsuit against the European Central Bank, seeking to make it disclose documents showing how Greece used derivatives to hide its...

Bloomberg: Greek Government Intends to Sell "Diaspora Bonds"

According to an article by Bloomberg published on Thursday, the Greek government intends to sell “Diaspora bonds” in 2011. The country will follow the...