Merrill Lynch
Economy
BoA, Merrill Lynch, Capital Analysts on SYRIZA's Economic Plan
The SYRIZA economic plan is a joke, said Capital fund analyst Joerg Sponer, after the meeting of SYRIZA MPs Giorgos Stathakis and Yiannis Milios with 35 international banks and hedge funds in London. Bank of America/Merill Lynch followed shortly...
Economy
Greece Locked out of Markets Until 2017 or even 2022
ATHENS – After stiffing investors earlier this year with 74 percent losses and still wracked by a deep recession, $460 billion in debt, and unable to raise revenues or collect from tax evaders, Greece seems unlikely to win back...
Economy
Greece Running Out of Money as Tax Collections Wane
ATHENS – The combination of political uncertainty and the fear that Greece will be forced out of the Eurozone and return to the drachma have worsened the country’s ability to collect taxes, with revenues falling far short of expectations,...
Economy
German Officials Gang Up on Greece: More Austerity or Else
ATHENS – Just as it appeared Socialist leader Evangelos Venizelos might be able to form a shaky coalition government, another feud broke out between political leaders. German officials also said Greece would not get any more money from international...
Economy
Fund Managers Survey Says Greece Will Default
As Greek political leaders continue to insist the country will not default on its loans and will return to profitability by the end of next year, a Bank of America Merrill Lynch survey of global fund managers indicates that...