Lawyers’ advice to corporate clients is frank: Remove cash and other liquid assets from Greece and prepare to take a short-term hit on any other investments.
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Search results for europe, agrees, bailout, greece, avoid
Possible Greece Exit From Euro Has Companies Bracing
Posted by kagan 14 hours ago (http://www.nytimes.com)Europe slowdown adds more tension to Greek drama
Posted by cagan 1 day 14 hours ago (http://www.reuters.com)
(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.
EU urges Greece to stay in euro, plans for possible exit
Posted by cagan 2 days ago (http://www.reuters.com)
BRUSSELS (Reuters) - European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms demanded under its bailout program.
As Greece Turns Leftward, Its Tycoons Stay in Background
Posted by kagan 2 days ago (http://www.nytimes.com)
As the star of Alexis Tsipras continues to rise, Greece’s elite have even greater reason to lie low. A few, however, are stepping up with donations and ideas on addressing the debt crisis.
Obama sketches four-pronged strategy for Europe, sees EU consensus
Posted by cagan 4 days ago (http://www.reuters.com)
CHICAGO (Reuters) - U.S. President Barack Obama urged Europe on Monday to strengthen its defenses against financial market turmoil and recapitalize its banks as part of a four-pronged strategy for tackling the euro zone crisis.
Google Given Antitrust Ultimatum From Europe Regulators
Posted by kagan 4 days ago (http://www.nytimes.com)
The European Commission warned Google to propose changes in “a matter of weeks” to its method of answering user queries, or possibly face an antitrust lawsuit.
Europe is driving full-tilt, foot on the pedal, into a brick wall
Posted by cagan 5 days ago (http://www.telegraph.co.uk)World leaders back Greece, vow to combat financial turmoil
Posted by cagan 6 days ago (http://www.reuters.com)
CAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis.
Obama presses ailing Europe to focus on growth
Posted by cagan 7 days ago (http://news.yahoo.com)
CAMP DAVID, Maryland (Reuters) - A growing chorus of world leaders on Friday pushed for a shift toward more pro-growth policies to help ease a European crisis that threatens to oust Greece from the euro zone and reverberate throughout the global economy. Setting the tone for a weekend G8 summit, President Barack Obama aligned himself with the new French president's drive for more economic stimulu
Credit Flows Through a New Channel for Europe
Posted by kagan 7 days ago (http://www.nytimes.com)
Companies in the euro zone are finding that they can bypass the uncertainties of local banks and obtain money in the bond market.
Greece and Germany in War of Words Over Euro Crisis
Posted by kagan 7 days ago (http://www.nytimes.com)Poll shows Greece electing pro-bailout government
Posted by cagan 8 days ago (http://news.yahoo.com)
ATHENS (Reuters) - Greek voters are returning to the establishment parties that negotiated its bailout, a poll showed on Thursday, offering potential salvation for European leaders who say a snap Greek election next month will decide whether it must quit the euro. The poll, the first conducted since talks to form a government collapsed and a new election was called for June 17, showed the conserv
Greece Gets Temporary Cabinet as Fitch Lowers Nation’s Debt Rating
Posted by cagan 8 days ago (http://www.nytimes.com)
Greece’s caretaker prime minister on Thursday appointed a mix of veteran politicians and eminent economists to act as a temporary cabinet until the June 17 general election.
Insight: Swing states: Could Europe decide the U.S. election?
Posted by cagan 9 days ago (http://www.reuters.com)
NAVARRE, Ohio/WASHINGTON (Reuters) - The busy shop floor at Miller Weldmaster Corp could make a great location for an Obama campaign ad.
Greece Teeters Ahead of New Vote
Posted by cagan 9 days ago (http://www.nytimes.com)
Money has been fleeing Greece for more than two and a half years. But the outflow has picked up since last week’s election raised the specter of Greek default.
Caretaker government will take Greece to risky repeat vote
Posted by cagan 10 days ago (http://news.yahoo.com)
ATHENS (Reuters) - Greek political leaders meet on Wednesday to form a caretaker government that will lead the country into its second election in just over a month, with Greece's euro membership at stake in a mounting crisis rocking world markets. Parties deeply divided over an unpopular EU-IMF rescue plan threw in the towel on Tuesday after nine days of failed attempts to put together a coaliti
For Many in Greece, Austerity Is a False Choice
Posted by kagan 12 days ago (http://www.nytimes.com)
A growing number in Greece argue that they can keep the euro and reject harsh budget measures.
Farc agrees to release kidnapped French journalist
Posted by cagan 12 days ago (http://www.telegraph.co.uk)
Colombia's Farc guerrilla group has decided to free a French reporter they kidnapped two weeks ago, although they have not given a date for his release, a Red Cross official said on Sunday citing a statement from the rebels.
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