International Business Times
| over 1 year ago
For the first time on record, more people between 15-24 years were without a job than with one. Unemployment in that age group rose to 51.1 percent, twice as high as three years ago. Budget cuts imposed by the European Union and the International...
Indian Express
| over 1 year ago
The euro edged up as major banks and pension funds threw their weight behind Greeces bond swap offer to private creditors, thereby giving gold a boost. A group of 30 banks and funds representing 40.8 percent of Greeces 206 billion euros of...
International Business Times
| over 1 year ago
Articles With less than three hours to go before the 2000 GMT deadline on the biggest sovereign debt restructuring in history, a senior official said the government had acceptances covering more than 75 percent of bonds eligible to take part in the...
The Globe & Mail
| over 1 year ago
56AM EST The International Monetary Fund will discuss Greece's new bailout program in a meeting tentatively scheduled for March 15, an IMF spokesman said on Thursday, although he cautioned that approval of funding for Athens depended on completion of...
Al Jazeera
| over 1 year ago
11 Private holders of Greek debt have until later on Thursday to decide whether they will take part in a debt-cutting deal to save the country from bankruptcy. Greece needs at least 75 per cent of bondholders to agree to take a 53.5 per cent cut in...
Australian Broadcasting Corporation
| over 1 year ago
Overnight, about 40 per cent of creditors took up the offer, boosting hopes Greece can make it across the line. The market opened higher amid this optimism then dropped sharply after official figures showed the unemployment rate ticked 0.1 of a...
The Age
| over 1 year ago
According to figures released by the Australian Bureau of Statistics (ABS) on Thursday, unemployment rose 0.1 per cent to 5.2 per cent in February. Total employment fell 15,400 to 11.444 million in February, the data showed. OzForex dealer Carly...
The Age
| over 1 year ago
Story continues below RBS Morgans director Bill Chatterton said Greece's negotiations with bondholders was not having much impact on the local market. "I think the market's seen through that, so it's not holding the market back," he said. "Markets...
