Greece: 20% Cut in Minimum Wage and 15,000 Public Sector Jobs Lost? Ouch..
Prime Minister Papademos, Finance Minister Venizelos, and Greek Bank Governor Provopoulos are expected to sign a draft agreement to secure a $172 billion dollar rescue plan desperately needed by the…
France Said to Seek Faster Start to EU Iran Oil Embargo
Oil markets see a bit of a boost from France's push toward cutting the grace period before implementing a ban on Iranian crude in half, breaking a 4 day loosing streak.
Finacial Reform in Greece
Speaking before Parliament’s plenary session, Finance Minister Evangelos Venizelos referred to the finance ministry’s draft bill stressing that “the scenery should change” and underlined that “this…
Will The U.S. Default Before…