Greece

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S&P downgrades France and Austria from AAA rating

Jan 16, 2012
Right after Wall Street closed on Friday, the ratings agency Standard and Poor's downgraded the credit ratings of nine European countries. France and Austria lost their prized AAA credit ratings.
Posted In: Standard & Poor's, downgrade, Europe debt crisis, Greece

Devalue, deflate, inflate or default

Jan 13, 2012
France and Austria get credit ratings downgrades, and Greece weighs its dwindling options.
Posted In: greek bailout, Greece, Europe debt crisis, Euro Eurozone

Haircut: More dangerous than it sounds

Nov 8, 2011
If Greece accepts the terms of a new aid package it's expected to get a haircut on its debt. But Sr. Editor Paddy Hirsch explain why that haircut...
Posted In: explainer, Greece, greek bailout, haircut

Mid-day Extra: Greece's uneven Porsche proportion

Nov 7, 2011
In an era of large government debt and economic crisis, a recent study shows that there are more Porsche Cayennes in Greece than there are people filing taxes on incomes over 50,000 euro.
Posted In: Auto, Greece

Is the Market Terrified of Democracy?

Nov 1, 2011
If you want the economy to work better for more people, as the Economy 4.0 tagline goes, you might think putting economic policy to a vote is a...
Posted In: david brancaccio, economy 4.0, George Papandreou, Greece

Mid-day Extra: Greek myths and metaphors

Oct 26, 2011
Can ancient Greek mythology be helpful in explaining the current economic state in Europe?
Posted In: Entertainment, Greece

Why Germany wants to help Greece

Sep 27, 2011
This final note today, which comes with the observation that German chancellor Angela Merkel met with her Greek counterpart Prime Minister George...
Posted In: Europe debt crisis, Final Note, Germany, Greece

MID-DAY UPDATE: China announces trade deficit, Eurozone debt crisis escalates

Mar 10, 2011
A surprise from China today -- the country said it bought more goods from around the world than it sold. It's called a trade deficit. And China...
Posted In: bonds, China, Eurozone, Greece, mid-day update, PIMCO, spain, trade, trade deficit, treasury, unions, Wisconsin

MID-DAY UPDATE: February job numbers, solar panels

Mar 4, 2011
We got big numbers today from the U.S. Labor Department. In February, U.S. payrolls increased 192,000 and the jobless rate fell to 8.9 percent --...
Posted In: construction, employees, employers, Greece, itunes, job applications, job seekers, jobless, Labor Department, mid-day update, solar, solar power

MID-DAY UPDATE: Businesses laid off more workers in August

Sep 1, 2010
...That's the opposite of expected - what's it mean? Another ratings agency escapes fraud charges For CEOs, it may pay to lay off A big whopper:...
Posted In: Blockbuster, champagne, Greece, layoffs, mid-day update, ratings agencies, smoking, Time Warner, Unemployment, video stores

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