Tuesday, 22 May 2012
News with tag Greece
Stocks end mixed after Greek worries resurface

22.05.2012 22:12   0 views  0 comments
From: news.yahoo.com


In a photo made May 7, 2012, trader John Vaccarine, right, works on the floor of the New York Stock Exchange in New York. Wall Street was headed for a slightly lower open on Tuesday May 22, 2012, with Dow Jones industrial futures marginally down. (AP Photo/Richard Drew)Just how nervous are investors about Greece? All it took to derail a day of stock market gains was a headline saying that Greece was preparing to leave the euro, an outcome most analysts had already expected.


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Wall Street turns negative late in day

22.05.2012 20:46   0 views  0 comments
From: news.yahoo.com


Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Stocks fell late on Tuesday as traders cited renewed market talk about the potential for Greece to leave the euro zone, while Facebook's stock fell towards session lows on doubts about its valuation. The Dow Jones industrial average was down 21.84 points, or 0.17 percent, at 12,482.64. The Standard & Poor's 500 Index was down 1.80 points, or 0.14 percent, at 1,314.19. The Nasdaq Composite Index was down 14.15 points, or 0.50 percent, at 2,833.06. (Reporting By Edward Krudy; Editing by Kenneth Barry)


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Germany, France draw battle lines over common bonds

22.05.2012 16:44   0 views  0 comments
From: news.yahoo.com


German Chancellor Angela Merkel listens to French President Francois Hollande during the 2012 NATO Summit in ChicagoBERLIN/PARIS (Reuters) - Germany dismissed a French-led call for euro zone governments to issue common bonds, a day before a European Union summit which investors are looking to for new measures to counter the bloc's debt crisis. After a torrid week, stock markets rallied on optimism that the Wednesday summit would produce measures to foster growth and ward off the threat of contagion should Greece exit the euro. The FTSEurofirst 300 index of top European shares closed up 1.9 percent and Spanish and Italian borrowing costs fell, leaving scope for disappointment if the EU leaders underwhelm. ...


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ECB's Constancio doesn't expect Greece to exit euro

22.05.2012 15:47   0 views  0 comments
From: news.yahoo.com


HONG KONG (Reuters) - European Central Bank Vice President Vitor Constancio said on Tuesday he does not expect Greece will exit the euro and urged Athens to work with Europe to remove the risk of its crisis spreading to other countries. "I don't think the worst is going to happen in Europe. I don't anticipate Greece will exit ... but it doesn't mean Greece will not face a difficult situation," Constancio said in a panel discussion at an event held by the Institute of Regulation and Risk, North Asia, in Hong Kong. "Europe needs deeper integration in order to make the monetary union work. ... Czytaj więcej »

Germany, France draw battle lines over eurozone bonds

22.05.2012 14:17   0 views  0 comments
From: news.yahoo.com


German Chancellor Angela Merkel listens to French President Francois Hollande during the 2012 NATO Summit in ChicagoBERLIN/PARIS (Reuters) - Germany dismissed a French-led call for euro zone nations to issue common bonds, a day before a European Union leaders' summit which investors are looking to for new measures to counter the bloc's debt crisis. After a torrid week, stock markets rallied on optimism that the Wednesday summit would produce measures to foster growth and ward off the threat of contagion should Greece exit the euro. The FTSEurofirst 300 index of top European shares was up 1. ...


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