Global investors have predicted default in Ireland Most international investors surveyed by Bloomberg, believes that Ireland has to default on its debt. 51 percent of respondents said they would consider likely default. Among European countries, the largest number of votes in favor... (Continue reading)
In Greece, on Wednesday, May 5, held a nationwide strike. The country has a closed airports, traffic disrupted ferries and trains are not working museums, including the Acropolis. In connection with the protest, which also involved air traffic controllers, the company “Aeroflot”... (Continue reading)
PARIS – Greek Prime Minister George Papandreou is heading to Paris, the third stop of his four-city tour seeking firmer European Union and U.S. support for harsh austerity measures that have sparked violent protests. Athens has been adamant that it has... (Continue reading)