National Bank of Greece
Debt and deficit: Which one is the lesser of two evils for Greece?
Greece needs to focus on two key areas in order to destress its financial situation; namely, debt and deficit.
Treasury Yields Rise as the Situations in Greece and China Improve
Treasury yields rose marginally across the yield curve in the week ended July 10, 2015. The demand for safe-heaven securities dropped.
Job Reports Drive Up Treasury Yields
US Treasury yields moved uniformly upwards across the yield curve in the week ended June 5, 2015.
Eurozone Consumer Confidence Unmoved by Greek Crisis, VGK Rises 2.33%
Eurozone consumer confidence is steady in June despite the ongoing debt crisis in Greece.
Greece prolongs its stay in negative inflation territory
Greece is the most indebted country in Europe. Its economy is plagued with low economic momentum, rising unemployment, rising debt, and negative inflation.
June Report: ‘The Outlook for Germany Is Overcast’
According to the Ifo President Hans-Werner Sinn, “The outlook for the German economy is overcast.” There seems to be increased pessimism among Germans with respect to business development there.
Greece’s Mixed Bag: Industrial Production and Negative Inflation
Industrial production remains an important gauge of economic activity. Greece’s IIP (industrial production index) rose 4.5% in August 2015 from August 2014.
Eurozone grants bailout extension to Greece
Europe-tracking ETFs gained significantly from February 19 to February 24, when the bailout extension to Greece was approved.
GREK down 2.5% on Fears of a Grexit, Eurozone up 0.33%
The Greece-tracking Global X FTSE Greece 20 ETF (GREK) was down 2.48% amid renewed fears of a Grexit. Greece faces an inverted yield curve.
Why the Euro Slumped on Dovish ECB Statement
The euro fell by more than 2% against the US dollar after the ECB (European Central Bank) meeting on October 22, 2015.
A quick look into the most indebted country in Europe: Greece
On November 14, 2014, Greece’s economy finally registered some growth and emerged from recession. The economy expanded by 1.7% in Q314, compared to 3Q13.
Global Markets React to the Greek Crisis: SPY and FEZ Fall
Markets across the globe were rattled on Monday. Greece stands on the brink of defaulting on its $1.73 billion payment to the IMF on June 30.
Could Russia or China Rescue Greece from Bankruptcy?
On June 19, Russia and Greece signed a preliminary agreement for “cooperation on a pipeline that will bring Russian gas to Europe through Greece and Turkey.”
GREK Falls 4.26% as Greece Prepares for More Austerity Measures
In the coming week, Greece is due to present its next set of austerity measures, which it must implement in order to secure new financing.
Eurozone Agreement: Greece to Receive up to $96 Billion
On July 13, the Greek saga hit another milestone. Eurozone ministers reached a unanimous agreement to bail Greece out again.
Greek Saga Continues: Prime Minister Alexis Tsipras Resigns
Greece made the national headlines again when Prime Minister Alexis Tsipras resigned from office on Thursday, August 20, 2015.
Greece still in the headlines, this time a bailout extension
In this series, we’ll explore Greece’s recent bailout extension granted by Eurozone ministers to see how it could impact your investments in the Eurozone.
Bulls and Bears Make Money, But Do PIIGS or PIIS Get Slaughtered?
The troubled PIIGS countries—Portugal, Italy, Ireland, Greece, and Spain—have been suffering from financial sustainability concerns about large fiscal deficits and stagnated growth.
Euro Trades Flat on Draghi’s Speech at Bank of England Open Forum
The Euro ended on a relatively flat note versus the US dollar yesterday in the absence of any relevant economic releases.
Relative Value in Europe: More Stimulus to Boost Corporate Equity
Relative value in Europe has been strengthened by the ECB’s Asset Quality Review, the depreciation of the euro, and the inherent fundamental strength of the European economy and cheaper energy prices.
Europe-Focused Mutual Funds and the European Debt Crisis
For our study on the impact of the crisis on Europe-focused mutual funds, we selected three mutual funds that have had a long history and have seen several market cycles.
Hope of Greek Deal Leads to Rise in Investment-Grade Bond Yields
Greece’s fate in the Eurozone drove investment-grade bonds last week. A safe-haven demand for most of the week pushed yields down. But investment-grade bonds saw yields rise week-over-week.
Eurozone Displays Muted Reaction to the Greek Referendum Vote
The links between other Eurozone countries and Greece are modest. Exports to Greece—excluding Cyprus—represent less than 0.5% of Eurozone exports.
French Q1 Gross Domestic Product Rises by 0.6%
Gross domestic product in France expanded by 0.6% in Q1 this year, compared with the previous quarter.
Analyzing the Situation in Greece: Impact on Global Markets
Markets in all of the major economies ended low on Monday, June 15. The bailout talks between Greece and its European creditors collapsed over the weekend.
Is Greek Political Instability A Tragedy In The Making?
It’s indeed déjà vu as a fresh round of worry over Greek political instability engulfs the Eurozone (EZU).