Greek leaders have agreed on all but one issue -Bloomberg Feb 8, 2012 06:06PM

Greek leaders have agreed on all but one issue


Troika Report Gives Details Into Greek Restructuring Efforts Feb 8, 2012 03:16PM

According to a number of sources Wednesday afternoon, a recent Troika draft report is offering some details of the austerity measures coming out of Greece.

Officials will cut the minimum wage by about 20 percent, lower pension payments and reduce the state's headcount by about 15,000 positions. Bids for a number of public assets including Hellenic Petroleum, Athens Water & Sewage, gas supplier Depa and grid operator Desfa are also being considered.

The draft report showed an expected 5 percent decline in Greek GDP this year, but a return to growth next year.

US stocks seem to have ticked higher since word of the Troika report began hitting wires. The Dow is now up 1 point, the Nasdaq is up about 9.5, and the S&P 500 is up about 2 points.


EFSF may return to bond market by the end of February or March -Reuters Feb 8, 2012 02:42PM

Reuters reporting the EFSF may return to the bond market by the end of February or March.


Private Greek debt holders may get $30B in EFSF bonds -WSJ Feb 8, 2012 01:32PM

WSJ report private Greek debt holders may get $30 billion in EFSF bonds.


YPF (YPF) said to boost Argentine shale oil estimate to 23B barrels Feb 8, 2012 01:12PM

YPF (NYSE: YPF) said to boost Argentine shale oil estimate to 23 billion barrels.


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Feb 8, 2012 11:26AM ECB is still undecided on its role in the Greek restructuring -Reuters
Feb 8, 2012 08:34AM German lawmakers weigh 3 votes on Greece as soon as next week -Bloomberg
Feb 7, 2012 05:59PM ECB Could Come to Compromise on Greek Bonds Purchased Last Year -WSJ
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Feb 3, 2012 12:14PM Carlyle drops plan to ban shareholder lawsuits ahead of IPO
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Feb 2, 2012 10:56AM NYSE Euronext (NYX) and Deutsche Boerse terminate deal
Feb 2, 2012 10:02AM Bernanke on Economic Outlook, Federal Budget Situation
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Feb 1, 2012 03:50PM Germany looking for deeper Greek budget cuts -WSJ
Feb 1, 2012 01:49PM EU regulators are considering loosening rules on bank liquidity -WSJ
Jan 31, 2012 01:33PM Kaufman Bros. Shutters Doors
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Jan 27, 2012 01:00PM Five Eurozone sovereigns cut by Fitch
Jan 26, 2012 02:00PM Panetta proposes $525B defense budget for FY13
Jan 26, 2012 01:54PM BofA (BAC) said to limit cash payouts for investment bankers, traders
Jan 26, 2012 01:38PM US trade representative exploring potential trading pact with the EU -WSJ
Jan 25, 2012 04:00PM Geithner says Obama wouldn't ask him to stay for the second term
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Jan 25, 2012 12:28PM Fed sees 'exceptionally low' rates through at least late 2014, announces no change to rates
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Jan 24, 2012 02:46PM King Says BoE Can Increase QE If Needed to Meet Inflation Goal
Jan 24, 2012 01:14PM BofA (BAC) said to brace investment bankers for 25% compensation cut
Jan 24, 2012 11:50AM IMF Cuts 2012 Growth Outlook to 3.3%, Calls for 'Mild Recession' in Europe
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Jan 23, 2012 12:26PM BofA (BAC) targets up to $3B in additional cost cuts, CEO Moynihan says
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