Greek markets and country-specific exchange traded funds (ETFs) surged Monday after Athens assuaged investors’ fears by laying the groundwork for an agreement on bailout loans and debt relief. The Global X MSCI Greece ETF (NYSEArca: GREK ) gained 4.1% Monday on two times its average daily volume. GREK has increased 40.9% over the past three…
The International Monetary Fund has called for upfront and unconditional debt relief for Greece as it warned that without immediate action the financial plight of the recession-ravaged country would deteriorate dramatically over the coming decades. In a strongly worded assessment, the IMF said that there was no prospect of Greece meeting the draconian terms of…
Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of non-performing loans in exchange for much-needed bailout loans and debt relief. Athens hopes the measures, two days before a key meeting of Eurozone finance ministers, will help it unlock the funds it needs to pay off debts…
The Eldercare.gov site connects seniors to local resources.(Photo: Susan Tompor) Story Highlights Some struggling seniors can boost their budgets by up to 29% by tapping into more benefits. An Eldercare Locator can connect caregivers and others to support services and local agencies. Nearly 60% of seniors in Detroit and some nearby cities do not have…
iStockphoto/FN montage How it felt: working in a bank has been like getting hit by a tsunami, but now the industry is getting back into its depth What slammed into the banks was not seawater but a huge, moving wall of regulation that knocked bankers off their feet and left them fighting to survive as…
Comments AA Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of non-performing loans in exchange for much-needed bailout loans and debt relief. Athens hopes the measures, two days before a key euro zone finance ministers meeting, will help it unlock the funds it needs to pay…
ATHENS Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of non-performing loans in exchange for much-needed bailout loans and debt relief. Athens hopes the measures, two days before a key euro zone finance ministers meeting, will help it unlock the funds it needs to pay IMF…
ATHENS Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of non-performing loans in exchange for much-needed bailout loans and debt relief. Athens hopes the measures, two days before a key euro zone finance ministers meeting, will help it unlock the funds it needs to pay IMF…
A Greek national flag flutters atop the parliament building in Athens, Greece April 11, 2016. Reuters/Alkis Konstantinidis Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of non-performing loans in exchange for much-needed bailout loans and debt relief. Athens hopes the measures, two days before a key…
Churches Together in Boston is encouraging those facing financial anxiety to contact a dedicated debt centre it supports in partnership with the charity Christians Against Poverty. The scheme says it finds that poor mental health often runs hand-in-hand with financial difficulties and, in this Mental Health Awareness Week, the centre is highlighting that debt help…
