Greece

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Jobs market holds firm, McDonald's continues to grow

Mar 8, 2012
The American economy seems to be moving along at a healthy clip, from jobs to hamburgers.
Posted In: Jobs, Unemployment, McDonald's, Greece
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Taking a loss on Greek bonds

Mar 8, 2012
Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.
Posted In: Europe debt crisis, Greece, bonds
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Big economic worries remain surrounding Greece

Mar 7, 2012
There is a possibility that Greece's private creditors won't accept big losses on their investments by a deadline tomorrow night.
Posted In: Greece, Europe
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Setting the stakes for Greece's bailout

Mar 7, 2012
The deadline for Greece's bailout is tomorrow. But if bondholders still hold out, more delays are on the horizon and the possibility of a Greek default remains.
Posted In: Greece, Europe debt crisis
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So What if Greece's Bailout Doesn't Work? An Apocalyptic Primer.

Mar 5, 2012
A group of financial institutions provided a breakdown of what would happen if Greece's bailout fails.
Posted In: Greece
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Explainer: Greece's 'selective default'

Feb 28, 2012
Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?
Posted In: Greece, default, selective default, credit default swaps, Standard & Poor's
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Some German tax experts to volunteer advice to Greece

Feb 27, 2012
Some volunteer tax experts from Germany want to head to Greece for a series of tax collection workshops to help Greece increase its revenue, but Greek tax officials aren't happy with the idea.
Posted In: Greece, Germany, Greek debt
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What do we owe Greece?

Feb 23, 2012
Commentator Angelo Tsarouchas puts a price tag on what Greece has given the world.
Posted In: Greece, Greek debt, greek bailout
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Greece avoids a messy default... for now

Feb 21, 2012
After months of wrangling and a marathon meeting yesterday, European finance ministers have agreed on a $170 billion plus bailout for Greece. That'll save the country from a messy default, but stability can be hard to get too excited about, for Greeks and banks that owned Greek bonds -- especially with the harsh terms of the agreement.
Posted In: Greece, Europe, IMF
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On bailouts, from Greece to Michigan

Feb 21, 2012
As news arrives that Greece will receive a fresh $170 billion from the rest of Europe, we are broadcasting from Michigan this week leading up to that state's primary. On the minds of citizens of Michigan? The big auto bailout of a few years back.
Posted In: bailout, Greece, Michigan, Auto

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