Greece bailout delay chills investors
Excerpt:LONDON Financial markets focused their concerns on the future of Greece on Tuesday as the country's creditors have still not agreed on giving it the next installment of its rescue loans. Greece's fellow euro partners gave it a couple more years to meet its economic targets but remain at odds with the International Monetary Fund over how to make the country's debt manageable over the longer-term. They need to agree on that before they can release the euro31. 5 billion ($40 billion). They will meet again on Nov. 20 to discuss that. The delay and seeming disagreements among the international creditors worried investors. "As long as the situation in Greece remains unresolved, we can expect the markets to continue heading in the same direction," said Craig Erlam, market analyst at Alpari. In Europe, Germany's DAX was down 0. 9 percent at 7,106 while the CAC-40 in France fell 0.
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Jean-Claude Juncker
Overall Sentiment: 0
Relevance: 0.296248
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Christine Lagarde
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Minister Jiang Weixin
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Craig Erlam
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-0.336195 | "As long as the situation in Greece remains unresolved, we can expect the markets to continue heading in the same direction," said Craig Erlam, ... |
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Gary Jenkins
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-0.119265 | "Unless Greece enjoys an economic miracle or its creditors are prepared to incur losses then it doesn't really matter if you say 2020, 2022 or 2025, the most likely outcome is that Greece won't get anywhere near that target," said Gary Jenkins, ... |
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Hang Seng
Overall Sentiment: -0.483422
Relevance: 0.234358
Key:
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Additional Info:
FinancialMarketIndex: Shenzhen Composite Index
Overall Sentiment: -0.448907
Relevance: 0.32021
Organization: International Monetary Fund
Overall Sentiment: 0.0553281
Relevance: 0.359321
Organization: Congress
Overall Sentiment: 0.110627
Relevance: 0.303829
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Country: Greece
Overall Sentiment: -0.153743
Relevance: 0.841495
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Source Site: Greece bailout delay chills investors
Greece bailout delay chills investors
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- cbseuro
- european debt crisis
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- Greece
- greek debt
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Overseas stocks fell amid uncertainty in Europe over how to restructure the Greek government's debt
Source Site: Greece bailout delay chills investors
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