debt

A good overview of the current situation with the Greek crisis by Anil Kashyap, a professor of economics and finance at the University of Chicago: A Primer on the Greek Crisis: the things you need to know from the start until now Only 7 pages and no academic jargon - everything is laid out...

Forex Broker—- Greek PDMA (Public Debt Management Agency) said on July 16th that Greece will auction 1.5 billion euro (or 1.94 billion US dollars) of 13-week public debt on July 20th to pay off its expiring bonds. According to PDMA, this bond auction will only allow forex dealers to bid...

The euro fell against the dollar on speculation the European Central Bank will announce non-standard measures to stimulate the economy following an interest-rate decision today. The 16-nation currency also declined versus the Canadian dollar and the pound. The yen slid versus the dollar and...