Tag Archive for Greece

Could business optimism in Greece translate into stabilization? – Sober Look

Last week the International Monetary Fund said it will provide Greece with another installment in the amount of €1.7 billion under the second bailout plan. As the nation complies with troika’s bailout provisions, including dismissing thousands of public-sector employees, economic indicators out of Greece continue to worsen. The latest unemployment rate clocked at 27%, resulting in a spectacular drop in consumer spending.

Divided Greece risks social explosion | Reuters

(Reuters) – Pro-bailout party New Democracy may have come first in Sunday’s Greek election but the radical left anti-austerity SYRIZA bloc was celebrating like the real winner well into the warm Athens night. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and…