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Rogoff: Debt Restructuring Inescapable For Greece
Harvard University professor Kenneth Rogoff (photo) said on Wednesday that Greece and Ireland will need to restructure their debts, and Spain and Portugal may...
Greece Gains From Africa Unrest
Thomas Cook Group’s head said that Greece and Spain are the two main beneficiaries of a shift by holidaymakers away from Northern Africa, according...
Foreign Minister Droutsas Travels to London
Greek Foreign Minister Dimitris Droutsas will be meeting the leadership of the British Foreign Office and the Labour Party’s new leader Ed Miliband during...
Rogoff: Greece and Portugal Should Exit Euro Zone for 15 Years
Harvard University professor Kenneth Rogoff said that Greece and Portugal should be urged to leave the euro zone for 10 to 15 years to...
Fitch Expects Greek Real-Estate Prices To Decline By 15%
Fitch Ratings said that Greek real-estate prices are expected to decline 15% over the next two years as interest-rate increases make it harder for...
East Coast Braces for Another Huge Snow Storm
The first round of a two-part storm dropped snow across the northeastern U.S. Forecasters said the New York and Boston areas may be digging...
Fitch Ratings Claims Greece Must Access Markets by end of 2011
Fitch Ratings said on Friday that there is a continuing risk that euro-region nations will have their credit ratings downgraded, according to Bloomberg.
David Riley,...
Goldman Sachs: Greek Bondholders Unlikely to Get Paid Back in Full
Goldman Sachs said that Greek bondholders are unlikely to get all their money back on schedule unless borrowing costs fall, according to Bloomberg.
Andrew Wilson,...
Harvard University Professor Rogoff: Greece will Default
Harvard University professor Kenneth Rogoff insists on Greece’s default on its debts, despite the bailout programme from the European Union and the International Monetary...
St. Nicholas May Sue Port Authority for Right to Rebuild
The St. Nicholas Greek Orthodox Church that was destroyed on 9/11, may sue the New York Port Authority for the right to rebuild their house...