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Dollar at 20-month high as fears of Greece exit dent euro

May 23, 2012

Dollar at 20-month high as fears of Greece exit dent euro

The euro's drop had accelerated the previous day after Dow Jones quoted former prime minister Lucas Papademos as saying Greece had no choice but to stick with a painful austerity programme or face a damaging exit from the eurozone. #Dollar #Greece #Euro #Dow Jones & Company #CurrencyWatch #Lucas Papademos
Greece still to convince Europe over rescue plan

Feb 14, 2012

Greece still to convince Europe over rescue plan

Euro zone paymaster Germany said ahead of the vote that it was losing patience with throwing money into the "bottomless pit" of Greece's debt crisis. #NewsTracker #Greece #European Union #euro zone #Lucas Papademos
It's bailout or chaos: Lucas Papademos

Feb 12, 2012

It's bailout or chaos: Lucas Papademos

Greek Prime Minister Lucas Papademos has told lawmakers to back a deeply unpopular international financial rescue in a vote Sunday. #NewsTracker #Greece #European Union #Lucas Papademos
Greece's face tough choice: deep budget cuts or default

Feb 12, 2012

Greece's face tough choice: deep budget cuts or default

Greece is trapped in a lose-lose predicament: It must deepen an austerity plan that will throw many more people out of work. Or it must default on its debts, abandon Europe's single currency with its banking system imploding. #NewsTracker #Greece #European Union #euro zone #Lucas Papademos
Greek deputy minister quits over bailout reforms

Feb 10, 2012

Greek deputy minister quits over bailout reforms

Deputy Labour Minister Yannis Koutsoukos, a member of the socialist PASOK party and former trade union leader, said he was quitting because the measures were "painful for working people." #NewsTracker #Greece #European Union #Lucas Papademos #Yannis Koutsoukos