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Is Europe Throwing Us into a 1930s Moment?
2012-01-25 21:37:00 The market has been watching Europe, particularly the fact that (as of this writing) a deal still hasn’t been struck between the Greek government, the Troika (the ECB, IMF, and euro-zone leaders), and private holders of Greek debt (bankers, hedge funds, and sovereign wealth funds). In order for Greece to avoid a default on €14.4 billion, which comes due on March 20, these groups must agree to reduce the value of Greece’s debt. Basically, they are negotiating to see how much money lenders will lose — in other words, accept a massive “haircut.” Negotiations have been ongoing for a while, and a deal is expected to be reached. But the original agreement was supposed to have . . . → Read More: Is Europe Throwing Us into a 1930s Moment?
By: Jutia Group
FRANCE: Suez, Gaz du France (GDF) approve merger plan brokered by President
2007-09-03 17:33:00 French utility giant Suez SA and government-owned... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
World STOCKS:Germany sees no need for emergency meeting
2007-08-18 00:58:00 Germany has said it sees no need for an emergency... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
FRANCE: Lagarde Says All Options Possible for GDF, Suez
2007-07-09 01:30:00 French Finance Minister Christine Lagarde said... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
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