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Europe's government debt crisis worsened ominously Tuesday when Greece's credit rating was downgraded to junk status and Portugal's debt was lowered on fears the trouble could spread. Stocks slid ...
It has also won additional pledges of debt relief, helping to ease concerns about another crisis in Greece at a time when Europe is dealing with an influx of migrants and a continuing terrorist ...
Greek might just be in the midst of an economic boom. “In the last several years, there’s been sort of an acceleration of an economic turnaround,” said Liz Alderman, chief European business ...
Greece was the poster child for economic collapse, with a crippling debt crisis, sky-high unemployment, and a struggling Eurozone economy. But now, something surprising is happening - Greece might ...
The event that Kass saw was that the prices of credit default swaps on U.S. government debt (which pay off in event of a ...
Busakorn Pongparnit / Getty Images PIIGS is a derisive acronym for Portugal, Italy, Ireland, Greece, and Spain, which were the weakest economies in the eurozone during the European debt crisis.
Greece must repay €670M to the EU after one of the biggest farm subsidy scandals in history. Years of misuse, ghost claims, ...
"Greece in 2029 will not be the country with the highest public debt in the eurozone", the minister said, highlighting the ...