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Greek fears slam financials
Senior German politicians have suggested publicly in recent days that an orderly bankruptcy of Greece may be part of a solution to the country's problems. The notion, which has been a taboo so far in Europe's handling of the crisis, spawned uncertainty
Updated: 09/13/2011 04:05A
Merkel rebuffs minister on Greek default
The tools could include "an orderly bankruptcy of Greece if the necessary instruments are available", said Roesler in an op-ed for daily Die Welt. He heads up Chancellor Angela Merkel's biggest coalition partners, the Free Democratic Party.
Updated: 09/13/2011 04:02A
Slovenia's Adria considering flights to Nis
Despite the prospect of bankruptcy, cost cutting and state aid, Slovenia's national carrier, Adria Airways, is considering commencing flights to Niš this winter. The service would be subsidised by the local city authorities.
Updated: 09/13/2011 04:00A
Salisbury selectmen vote to award used-car license to local businessman
The license was made available when Chris Fraser returned his after filing for bankruptcy on Fraser Automotive on Bridge Road. But as Dimopoulos finally won a license, another businessman walked away empty-handed. Stephen LaRoche, the man who bought
Updated: 09/13/2011 03:58A
Peter Morici: Greece must default, dump euro
Instead, these have left Mediterranean governments teetering on bankruptcy and at the mercy of Germany and other rich states who exploit European unity to live well at the expense of their poorer brethren. The 1992 Maastricht Treat, which considerably
Updated: 09/13/2011 03:52A
GBP/USD Daily Fundamental Analysis for September 13, 2011
By FX Empire.com On Monday trading, the pound pared its earlier drop against the dollar amid fears spreading in markets that Greek will face bankruptcy. Prime Minister George Papandreou, said he will slash one months wages from all elected officials
Updated: 09/13/2011 03:47A
Slowdown in EUR sale. More fuel is needed
On top of this, the European debt crisis is escalating and a national bankruptcy in Greece may prove devastating for the European banking sector. Our macroeconomists do not expect Greece to end in a "full scale" bankruptcy.
Updated: 09/13/2011 03:47A
State Bar accuses lawyer of misconduct
Among other things, he was accused of misappropriating $84000 from a client's trust account and "repeatedly" violating a court order prohibiting him from working on bankruptcy cases without a judge's permission. He also was accused of failing to return
Updated: 09/13/2011 03:37A
Obama calls for action to solve euro crisis
European parliamentarian Elmar Brok, from Merkel's Christian Democratic Union accused Economy Minister Philipp Rsler, from coalition partner the Free Democratic Party, of talking up a potential Greek bankruptcy after his comments on Monday that an
Updated: 09/13/2011 03:31A
Market Drivers - Currencies
On top of this, the European debt crisis is escalating and a national bankruptcy in Greece may prove devastating for the European banking sector. Our macroeconomists do not expect Greece to end in a 'full scale' bankruptcy.
Updated: 09/13/2011 03:28A
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