Greek Exit Could Trigger a Run on European Banks
Thu, 24 May 2012 18:08:06 -0700
European banks have spent the past two years increasing capital buffers, writing down Greek bonds, and using central bank loans to refinance regional operations in southern Europe in anticipation of some cataclysmic event such as a Greek withdrawal from the euro.
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Germany's Gun, Greece's Head. Who Isn't Looking to the Exit Now?
Thu, 24 May 2012 05:25:50 -0700
There' a strand of thinking around the German position on the Euro that says compromise is inevitable. A growth package will emerge from the discussions going on right now in Brussels. That same line of thinking says, look, the French have thrown out Sarkozy and replaced him with a pro-growth socialist.
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Australian Fund Managers Feel Strain From Europe's Debt Crisis
Wed, 23 May 2012 23:51:39 -0700
Australian fund managers may be on the other side of the world from the drama unfolding in Europe, but local wealth managers are nonetheless feeling the impact from the region's debt crisis.
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