greek debt crisis

The Financial Landscape: Debt Woes, Hedge Fund Regs

Politicians in both Greece and the U.S. are struggling to find the common ground necessary to keep their governments from defaulting on their debts; QE2 hasn't ended yet, and already the Fed is considering QE3; and the SEC finally starts to regulate Wall Street's hedge funds.

The Financial Landscape: SEC Fines JPM Over CDOs

The news across the financial world is good for unions, which will find organizing a bit easier; adequate for Greece, which will find getting bailed out a bit easier, and bitter for JPMorgan which had to accept a $153.6 million SEC fine for misleading investors about a mortgage securities transaction.

The Financial Landscape: Wins for Wal-Mart, Utilities

The Supreme Court kept up its corporatist streak Monday, handing down two key decisions that were certain to please the Chamber of Commerce. The first helped Wal-Mart quash a massive class action sex discrimination suit; the second stopped states from suing power companies over greenhouse gas emissions.

Why Japan Is Rushing to Aid Europe: It's All About China

World markets got a boost this week from Japan's pledge to help overly indebted EU nations. What's behind Japan's move? Sure, the spirit of global cooperation is part of it. But much more significant is Tokyo's need to keep pace with Beijing in the influence game.

Best and Worst Global Stock Markets of 2010

The big national stock market winners of 2010 scored returns far above those of U.S. markets by piggybacking on China's ferocious growth. But rebounding American equities look mighty impressive next to the year's real losers: the victims of the eurozone debt crisis.

How Bad Could Ireland Get? See Iceland

Despite widespread anxiety about the Greek debt crisis last summer, global markets recovered with minimum damage. Now, investors facing another crisis in Ireland may be tempted to draw a comforting lesson from the Greek experience. But it may not be that simple.

Ireland Deal: Euro-Politics Plays a Major Role

Investors should stay focused on the dynamics within European politics that shaped the rescue. Other indebted economies -- like Spain, Portugal and Italy -- could find themselves in a similar situation, after all. And politics will again guide market moves.

Buffett Warns That Euro Faces a 'Real Challenge'

The euro has posted its biggest quarterly gain in eight years, but billionaire investment guru Warren Buffett is worried about Europe's common currency. Despite the E.U.'s trillion-dollar bailout fund, he's not sure the Continent will be able to avert a sovereign debt meltdown.

Political Gridlock in the U.S. vs. China's Political Savvy

While American pols deal in brinksmanship over taxes and the economy, China's leaders are smoothly gaining influence on the world stage. Witness the good will generated by Premier Wen Jiabao on his recent whirlwind tour of Europe.

Europe's Debt Crisis:
Fixed, or Just Papered Over?

Officially, Europe's fiscal health is on the mend, but each time the Continent's debt crisis is declared history, some ugly financial news quickly emerges to undercut those claims. Indeed, the real eurozone meltdown may still lurking beyond the horizon.

Greek Economy Shrank More than Estimated in Second Quarter

Greece's economy contracted more than previously thought in the second quarter, according to new figures. The country%u2019s statistics agency said that the economy shrank at an annual rate of 3.7% in the second quarter, compared with an initial estimate of a 3.5% decline, The Wall Street Journal reported. The economy contracted 1.8% from the previous quarter, rather than the initial estimate of 1.5%.

What the U.S. Could Learn from Europe's Recovery

Beyond Europe's debt crisis and difficulties with the euro, the region's underlying economy -- which has been much less involved with financial gimmicks than its American counterpart -- tends to be more stable than it's generally given credit for.

Don't Get Too Excited Yet About Europe's Rebound

Strong signs have emerged that the European economy has rebounded from the Greek debt crisis and subsequent contagion. But some analysts have compelling arguments for warning that the region's apparent bounce-back could prove to be short-lived.

Were the European Bank Stress Tests Too Easy?

Banking regulators tested the soundness of 91 European banks this week to see if they could withstand a financial crisis, and only seven failed to pass muster. But some analysts say the tests may have been too easy, and wonder what would happen if a real "worst-case scenario" hit.

Soros: German Budget Cuts Could Cause Euro Failure

Ahead of the G-20 summit in Toronto this weekend, billionaire investor George Soros is warning that Germany's policy of fiscal austerity is a danger to Europe that could destroy the euro and fracture the European Union.

Rising Stress Over European Bank Stress Tests

Ever since the Greek debt crisis began worrying investors last month, there have been increasing concerns that European banks could be facing huge losses. Many large banks are being stress tested, and investors are hoping that the results will be made public.

Spain Takes the Spotlight From Greece

Investors are focusing on Spain instead of Greece now in Europe's evolving debt crisis. The Spanish debt-to-GDP ratio may be low, but its banking sector, hobbled by real estate debt while property prices are depressed, need a big overhaul.

Gas Prices Should Drop as Summer Heats Up

Gasoline prices, which almost always rise during the summer driving season, could fall substantially this year, thanks to the European debt crisis, which has propelled a 20% plunge in crude oil prices in recent weeks.

Euro Woes Are Blinding Investors to Opportunities

Just a few months ago, the currency everyone loved to hate was the dollar. Now, the euro is feeling the heat of short-sellers and pessimists. But the gloom around Europe's common currency is seriously overblown.

As the Dollar Rises, Expect U.S. Stocks to Fall

Investment expert Peter Cohan is watching the how investors respond to the situation in the eurozone carefully now, because he's concluded that lately, when investors sell euros and buy dollars, U.S. stocks go down. Why? Allow him to explain.

Beyond the Rescue, Signs of a European Rebound Mount

On Sunday, EU policymakers unveiled a trillion dollar European rescue plan that calmed the world's fears of a sovereign debt crisis. And suddenly, investors noticed that Europe's economies are already bouncing back.

EU Shock-and-Awe Rescue Plan Burns the Bears

Monday's relief rally in global stock markets is almost certainly overdone, but make no mistake: The European Union's sovereign debt rescue package just exploded a large chunk of the bearish case for stocks.

How Investors Should React to the Plunge

Thursday's panicked stock sell-off connected to the Greek debt crisis could be the start of this decade's fourth great market plunge. But it could also present some real opportunities.

Big Banks Could Be Heroes in the Greek Debt Crisis

Amid the turmoil of Europe's Greek debt crisis, investors may find an unlikely source of relief. Big private banks are playing a more supportive and decisive role, providing solutions that sidestep the political gridlock.

The Biggest Obstacle to a Greek Bailout May Be Greece

Instead of embracing the rescue package, Greek citizens are roundly rejecting the austerity measures the aid depends on. That's bad enough, but considering how much the Germans disdain having to bail out their profligate neighbor. Bottom line: The EU and euro are in big trouble.

Can an EU-TARP Buffer the World From Europe's Crisis?

The financial crisis that started with overly indebted Greece is spreading rapidly to engulf Spain, Portugal, and European Union banks. The world may need a TARP-like rescue effort to contain Europe's contagion.

How the Greek Rescue Could Play Into U.S. Stock Prices

The Greek debt rescue will likely depend on how the euro moves against the dollar. A stronger euro now could help U.S. exporters. But considering the depths of the EU's woes, the euro could still be headed lower longer term. And even that might not be bad for U.S. stocks.