Group items tagged

European Union finance ministers have agreed on a bailout package of nearly USD 1 trillion (750 billion euro) for Greece, as part of their concentrated efforts to prevent the debt crisis contagion from spreading to other nations.

Key meeting on Greek bailout Monday a damper on stock prices before three-day weekend. Extended correction to DJIA 12,510 (S&P 500: 1315) likely.

The European Central Bank (ECB) and International Monetary Fund (IMF) stepped up pressure on Germany Wednesday to expedite a bailout for debt-stricken Greece, as signs emerged that Athens may need more money than first thought.

Agreement in Greece paves way for bailout, which market anticipated.Some selling into early rally and after 25% surge since October suggests some consolidation.

Greek Prime Minister Lucas Papademos is negotiating with other Greek politicians to accept a draft deal that could restructure Greek debt and stave off default.

Stocks closed higher today on news that Greece will receive its next installment of bailout funds after accepting deeper austerity measures to deal with its debt.

A resolution to the euro crisis has yet to be reached and the I.M.F. and Germany both seem to be denying massive financial involvement in potential bailouts. What companies have the highest exposure to a collapse?

Greek bailout approved, but worries continue. U.S. market needs a rest, but selected issuers will do well. Nowhere else to put your money if you want a return.

News that the Greek government will put the European bailout plan to a referendum, prompting major losses across the financial sector as European banks and ETFs tumbled.

Gold in New York retreated from the top level of seven weeks as the U.S. dollar strengthened after Greece private creditors signaled European government to economic oversight in exchange for bailout, reducing bullion demand as an alternative asset.

The work on a deal to secure bailout funding for Greece prior to a March 20th default may have reached its conclusion this evening in Brussels.

Clashes were reported to have broken out in Greece Wednesday as tens of thousands of people joined marches in cities across the country to protest the government's bailout for austerity deal.

Hong Kong opened 65 points lower after local U.S.-listed stocks dropped Friday but ended up 104 in light turnover, aided by debt-strapped Greece's agreement to an austerity plan.

American banks got a much needed boost from news that the Italian Senate passed an important austerity package while Greece officially swore in its new Prime Minister.

Upbeat U.S. Economic reports bulldozed through Greek concerns yesterday erasing the prior day's loss and establishing bullish turf.

European uncertainties will continue to challenge investors creating unnerving volatility. Timing is critical, not a market for chasing stocks.

A stall in the market in general stands to mask internal opportunities as profit takers invest in other stocks. New money will come from that parked in safe havens.

Yet another twist in the Euro-drama and global markets are roiled again. No telling what will evolve this week, but it is getting close to a buy for risk-takers.