Archive

Posts Tagged ‘Greek banks’

The German Siege Of Greece Begins

July 6th, 2015

greeceDid you notice that Greece’s creditors are not rushing to offer the Greeks a new deal in the wake of the stunning referendum result on Sunday?  In fact, it is being reported that the initial reaction to the “no” vote from top European politicians was “a thunderous silence“.  Read more…

NYSE:GREK, NYSE:VGK

Greek Banks Get Shut Down For A Week And A ‘Grexit’ Is Now Probable

June 29th, 2015

greeceIs this the beginning of the end for the eurozone?  For years, European officials have been trying to “fix Greece”, but nothing has worked.  Now a worst case scenario is rapidly unfolding, and a “Grexit” has become more likely than not.  Read more…

NYSE:DIA, NYSE:GREK, NYSE:SPY

The Economic Depression In Greece Deepens As Tsipras Prepares To Deliver ‘The Great No’

June 18th, 2015

greeceAs Greece plunges even deeper into economic chaos, Greek Prime Minister Alexis Tsipras says that his government is prepared to respond to the demands of the EU and the IMF with “the great no” and that his party will accept responsibility for whatever consequences follow. Read more…

NYSE:GREK

We Are Watching The Greek Banking System Collapse Right In Front Of Our Eyes (GREK, EUO, EWI, EWP, VGK)

May 17th, 2012

Michael Snyder: Money is being pulled out of Greek (NYSEARCA:GREK) banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies.  As I detailed yesterday, people do not want to be stuck with euros Read more…

NYSE:EUO, NYSE:EWI, NYSE:EWP, NYSE:GREK, NYSE:VGK

Why We Are Going To See Bank Runs Happening All Over Europe (XLF, EWP, EWI, FXE, VGK, EWG, FAZ, FAS)

May 15th, 2012

Michael Snyder: The bank runs that we are watching right now in Greece (NYSEARCA:GREK) are shocking, but they are only just the beginning.  Since May 6th, nearly one billion dollars has been withdrawn from Greek banks. Read more…

NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:FAS, NYSE:FAZ, NYSE:FXE, NYSE:XLF

Greece “Officially Defaults” March 23, Banks Close (EWG, VGK, FXE, EWQ, GLD)

February 16th, 2012

Dominique de Kevelioc de Bailleul:  Wonder why European leaders appear more like a rotating cast of bumbling 3  Stooges than a team of coordinated fraternal bureaucrats throughout the debt crisis in Read more…

NYSE:EWG, NYSE:EWQ, NYSE:FXE, NYSE:GLD, NYSE:VGK

Why Greece’s Fate Is So Important (GREK, EWQ, EWG, EUFN, VGK)

February 11th, 2012

Jeff Harding: We need to follow Greece because their default and withdrawal from the eurozone (NYSEArca:VGK) would set off major consequences to the European Monetary Union, and thus the EU, Read more…

NASDAQ:EUFN, NYSE:EWG, NYSE:EWQ, NYSE:GREK, NYSE:VGK




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