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Greece Debt Crisis

Oil Prices Fall Below $86 U.S. A Barrel Amid Concern About Europe's Debt Crisis

CP | Pablo Gorondi, The Associated Press | Posted 11.12.2011 | Canada Business
Read More: New York Mercantile Exchange, Commodities, Cp, Opec, Europe Debt Crisis, Greece Debt Crisis, Oil Prices, Oil, Brent Crude, Canada Business News

Oil prices fell below US$86 a barrel Monday as OPEC cut its forecast for global oil demand and investor concerns over Europe's debt crisis prompted an...

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Loonie Briefly Falls Below Parity

CP | Sunny Freeman, The Canadian Press | Posted 11.12.2011 | Canada Business
Read More: Cp, Canada Dollar, Greece Debt Crisis, Canadian Dollar, Canada Economy, Eurozone Debt Crisis, U.S. Dollar, Forex, Currency Exchange, Canada Business News

TORONTO - The Canadian dollar slipped briefly below parity with its U.S. counterpart on Monday for the first time since January before regaining stren...

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Flaherty, Carney To Address Global Economic Turmoil

CP | Craig Wong, The Canadian Press | Posted 10.18.2011 | Canada Politics
Read More: U.S. Debt Downgrade, Bank of Canada, Europe Debt Crisis, Finance Minister Jim Flaherty, Greece Debt Crisis, Mark Carney, Jim Flaherty, Canada Economy, Eurozone Debt Crisis, U.S. Credit Downgrade, Canada Politics News

OTTAWA - The global economic upheaval is slowing growth in Canada, but Bank of Canada governor Mark Carney doesn't believe the country faces the pros...

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Massive Selloff On Greek Stock Market

CP | Posted 10.08.2011 | Canada Business
Read More: U.S. Debt Crisis, Europe Debt Crisis, Standard & Poor's, Greek Debt Crisis, U.S. Credit Downgrade, European Central Bank, Greece Debt Crisis, Athens Stock Exchange, Canada Business News

ATHENS, Greece - Shares on the Athens Stock Exchange are plunging, with the general price index down 4.8 per cent at levels not seen since the mid 199...

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'Our Financial System Has Become A Madhouse'

The Guardian | Posted 10.06.2011 | Canada Business
Read More: European Commission, Silvio Berlusconi, Jose Zapatero, Greece Debt Crisis, Standard & Poor's, European Central Bank, Nicolas Sarkozy, Credit Ratings Agencies, Canada Business News

What we have witnessed is a mass global flight from risk and an accompanying hoarding of cash on a huge scale. It was the worst week in the financial ...

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Moody's Slashes Greek Debt Rating, Warns Default All But Certain

CP | Posted 09.23.2011 | Canada Politics
Read More: Eurozone, Greece Debt Crisis, Greece Debt, Imf, Greece Default, Fitch, Eu, European Central Bank, Moody's, Canada Politics News

ATHENS, Greece - Moody's downgraded Greece's bond ratings by a further three notches Monday and warned that it is almost inevitable the country will be considered to be in default following last week's new bailout package.

The agency said the new EU package of measures implies "substantial" losses for private creditors. As a result, it cut its rating on Greece by three notches to Ca -- one above what it considers a default rating.

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Relief As Europe Bails Out Greece, Again

The Canadian Press | Posted 09.21.2011 | Canada Business
Read More: Bond Market, Eurozone, Jose Manuel Barroso, Greece, International Monetary Fund, Greece Debt Crisis, Greece Debt, European Union, Imf, George Papandreou, Europe, Euro, Canada Business News

THE CANADIAN PRESS -- BRUSSELS - Eurozone leaders agreed to a sweeping deal that will grant Greece a massive new bailout — but likely make it the fi...

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Could A French Plan Put Greece Into Default?

CP | Posted 09.03.2011 | Canada Business
Read More: Greece S&p, Greece Debt, S&p Greece, Bailout, Bailout Greece, Greece Bailout, Greece Debt Crisis, Canada Business News

THE CANADIAN PRESS -- LONDON - A leading credit ratings agency warned Monday that Greece would be considered to be in default if banks rolled over the...

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Greek Prime Minister Survives Crucial Vote

CBC | Posted 08.21.2011 | Canada
Read More: Riots in Greece, Greece Riots, Greece Protest, Greece Debt Crisis, Greece Debt, Greece Economy, George Papandreou, Greece Financial Crisis, Greece Confidence Vote, Greek Confidence Vote, Prime Minister Papandreou, Greece Bailout, Canada News

CBC -- The embattled government of Greek Prime Minister George Papandreou survived a crucial confidence vote Tuesday. Parliament approved the new c...

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