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Fitch: Greece is insolvent, the bankruptcy is inevitable 26 Oct 2011 | 12:23 am

The Fitch Ratings sees no immediate solution to the crisis of the euro zone in view of the crucial meeting of European leaders in Brussels Wednesday, amid worrying signs that the recession will become...

USA: Bill for the Chinese yuan promotes the U.S Senate 28 Sep 2011 | 11:10 pm

A Bill regarding the management of China’s policy in relation to the yuan will be put to vote next week in the U.S. Senate despite concerns that such an action can increase tension in trade and furthe...

USA: In high levels of the past five months the homes resale 22 Sep 2011 | 02:38 am

Increase more than expected showed housing resales in the U.S. in August, reaching the highest level in five months. In particular, resale homes rose by 7.7% from the previous month to a seasonally ad...

Fitch: Greece will not enjoy soon markets’ confidence 30 Aug 2011 | 11:57 pm

Elusive remains for Greece market confidence, according to the latest report of Fitch Ratings for the eurozone. Specifically, the agency says that on July 13 lowered the Greek creditworthiness on July...

China confident in U.S. economy 19 Aug 2011 | 10:55 pm

Confidence in Chinese and U.S. economy expressed by the vice of China Xi Jinping . “The American economy is very resilient and has great self-correcting. We believe that the U.S. can achieve even bett...

Shrinkage to the pre-tax losses of the Bank of Ireland 10 Aug 2011 | 09:02 pm

Contraction showed that pre-tax losses of the Bank of Ireland, the largest credit institution in the country, amounted to 723 million in the first half compared with 1.32 billion in the corresponding ...

Timothy Geithner might quit from the US Ministry of Finance 1 Jul 2011 | 10:28 pm

On retirement from the Ministry of Finance reportedly considering the Timothy Geithner after an agreement with Republicans to increase the ceiling of the federal debt, transmits Dow Jones Newswires qu...

Finally Profits for Dow Jones and S&P 500 20 Jun 2011 | 10:24 pm

With mixed signs completed the Friday’s trading session Wall Street’s key indices as Nasdaq dropped because of disappointing outlook announced by Research In Motion while Dow Jones and S&P 500 moved h...

Meeting between Greek Minister of Enviroment and U.S State Department representative 11 Jun 2011 | 12:48 am

The Minister of Environment, Energy and Climate Change, Ms. Birbili has a meeting with the Special Envoy of the State Department on energy issues in Eurasia, Richard Morningstar in the presence of U.S...

Buiter: Restructuring is a must – Greek rollover is just a temporary solution 8 Jun 2011 | 10:31 pm

Any shift of the Greek debt would simply be a “provisional solution” and the country will probably have to restructure its debt, said chief economist at Citigroup, Willem Buiter. “I think ultimately i...

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