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Greek Default

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  • Greece offers some concessions as creditors urge progress

    After talks with German Chancellor Angela Merkel on Thursday in Brussels, Greek Prime Minister Alexis Tsipras said he wanted a deal by the end of this month

  • 'Commodities weak & bond markets strong only in DMs'

    Richard Harris, (Chief Executive, Port Shelter Investment Management) spoke to CNBC-TV18 about what is the way forward for markets after Greece was declared a default by the Swap Dealers Association.

  • Global markets down on Greek woes; Asia falls

    Global markets were down on fears over a Greek default and amid economic growth concerns on Tuesday. The Dow Jones Industrial Average slipped 1.57% or 203.66 points at 12759.15.

  • IMF, Greece continue talks to finalize bailout

    The International Monetary Fund and Greek authorities continue talks to finalize details of a new rescue package following an agreement among the country's political leaders.

  • Davos 2012: TCS says operational efficiency key for cos

    Professor Raghuram Rajan from the University of Chicago's Booth School of Business, N Chandrasekaran the CEO & MD of TCS and Rajiv Lal, MD & CEO of IDFC discuss the opportunities and threats that are facing India in the context of the global economic volatility.

  • Markets may play jilted lover in euro zone drama

    The euro zone debt crisis may be as much about the heart as it is about the head -- like a jilted lover, markets are just finding it hard to trust again.

  • Don't expect resolution of euro zone issues on Wed: RBS

    Moorah Choudhry, head of business- GBM Treasury at RBS doesn’t believe there is going to be a final agreement on euro zone issues on Wednesday.

  • EFSF won't dry Greece's tears; More help needed: Lloyds TSB

    In an interview with CNBC-TV18, Trevor Williams, Chief Economist, Lloyds TSB talks about the Eurozone situation and how today's US non-farm payroll numbers could cough up negative data.

  • Wall Street enters bear market, oil falls on Greece

    US stocks opened more than 1.0% lower on Tuesday, entering a bear market, and US crude oil prices fell to a 2011 low as investors worried about the economic implications of an increasingly likely Greek default.

  • Germany like insurance co; doesn't pay up: Robert Johnson

    Robert Johnson, the executive director of the Institute for New Economic Thinking, in an interview with CNBC-TV18's Menaka Doshi discusses the Greece situation and the possibilities of a spillover in peripheral Europe.

  • Need Greek default to shock European markets: Nick Parson

    The pressure witnessed by the Indian market is correlated to the turmoil in European markets. Nick Parsons of National Australia Bank tells CNBC-TV18 there is a high possibility of a financial crisis looming in the near horizon.

  • Greek default, EU's reply to decide how mkt swings: Expert

    In an interview with CNBC-TV18, Nick Parsons of National Australia Bank says over the last six weeks, global markets expressed anxiety over a possible Greek default which led them to tumble. Now, it appears that a default is almost a given.

  • Possibility of Greek default priced in by many mkts: RBS

    According to Jane Foley, Senior FX Strategist at RBS, many markets have already priced in the possibilty of Greek default. One big concern for the markets is that whether or not other countries could potentially follow a default for Greece.

  • Banks prepare for Greek default, want EU help

    Bankers are bracing for a Greek default, and their best hope is that Europe can erect firewalls around the banking system strong enough and soon enough to prevent it from spreading to other euro-zone countries.

  • Rupee posts biggest weekly fall in 15 years

    The rupee posted its biggest weekly fall in more than 15 years on Friday on heightened risk aversion amid the possibility of a recession in the developed world, even as it rebounded from a 28-month low on suspected intervention by the central bank.

  • World stocks, euro drift lower before Fed

    World stocks drifted lower on Wednesday and the euro also slipped ahead of the Federal Reserve's closely-watched policy meeting, with concerns about a possible Greek default weighing on investor sentiment.

  • Q&A - How did the euro zone get into its debt mess?

    Following is a look at how the euro zone got into debt, possible scenarios and how it might end the crisis.

  • Greece must shrink state to avoid default: Lenders

    International lenders told Greece on Monday it must shrink its public sector and improve tax collection to avoid default within weeks as investors spooked by political setbacks in Europe dumped risky euro zone assets.

  • Merkel warns on Greece, Obama voices US alarm

    German Chancellor Angela Merkel sought on Tuesday to quash talk of an imminent Greek default as the United States voiced fresh concern at the euro zone's inability to master its debt crisis.

  • Europe crisis spurs safety bid, stocks fall

    Fears of a Greek default that could spark a global market contagion dragged down stocks on Monday, knocking European equities to two-year lows and sending the euro to a seven-month low against the dollar.

  • Greek default jitters hammer French banks, euro

    Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.

  • Euro rises, bonds fall before key EU meeting

    The euro gained on Wednesday on guarded optimism that an accord would be reached to avert a Greek default, reducing the appeal of low-risk US and German government debt.

  • Global Markets: US, EU debt optimism buoy stocks, euro

    World stocks, with the exception of Wall Street, rose on Wednesday on strong earnings results and hopes for an increase in the US debt ceiling, while the euro gained on guarded optimism that an accord to avert a Greek default would be reached.

  • Euro zone growth seen steady despite Greece slide

    The euro zone economy will grow slowly but steadily over the coming year, according to the latest Reuters poll, but the forecast was unchanged from the previous month in a sign economists are shrugging off the impact of the debt crisis.

  • Europe considers Greek default, leaders to meet

    European Union leaders are poised to hold an emergency summit after finance ministers acknowledged for the first time that some form of Greek default may be needed to cut Athens' debts and stop contagion to Italy and Spain.

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