June 20, 2011 | Daily JAM, Morning Briefing |
If Friday was a day for EuroZone leaders to show that they weren’t willing to throw Greece and the euro to the wolves of political expediency, the weekend was a time for demonstrating how tough they would be on Greece.
June 18, 2011 | Uncategorized |
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June 17, 2011 | Morning Briefing |
German Chancellor Angela Merkel seems to have blinked. In a joint press conference with French President Nicolas Sarkozy in Berlin today she indicated that Germany would accept a deal on a new Greek rescue package along the lines of the 2009 Vienna Initiative.
June 15, 2011 | Daily JAM |
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June 14, 2011 | Daily JAM |
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June 10, 2011 | Morning Briefing |
The German government and European Central Bank are playing “huhn” with the euro and the Greek debt crisis. With the deadline for coming up with a new “solution” to the Greek debt crisis coming up fast—June 24 is the date that keeps coming up—both sides have stepped up the rhetoric.
June 7, 2011 | Daily JAM, Morning Briefing |
Europe has inched closer today toward a deal on a new Greek rescue package that would backstop the country’s finances into 2013 and 2014. The European Central Bank is now saying that it would be okay with a “soft restructuring.”
June 1, 2011 | Daily JAM |
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May 31, 2011 | Daily JAM, Videos |
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May 31, 2011 | Daily JAM, Morning Briefing |
There’s not much real news driving this rally. Instead we have Jean-Claude Juncker saying yesterday that European Union leaders will decide on a new aid package for Greece by the end of June
May 28, 2011 | Uncategorized |
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May 26, 2011 | Daily JAM, Morning Briefing |
The International Monetary Fund may not be able to release its next $5 billion payment to Greece next month. Unless European governments moved in to pick up the slack, Greece would face default.
