Greece has been the epicenter of the eurozone debt crisis. And its ongoing economic depression is highlighted by the fact that a quarter of its workforce still lines up at the unemployment office.However, there are more and more signs that things are turning around in Greece. “Greece has been the most conspicuous example of the dramatic improvement in sentiment […]
Richard Drew / APTrader Frank O’Connell works on the floor of the New York Stock Exchange on Wednesday.The stock market is getting a little bumpy as the government shutdown wears on, but if Congress pushes a deadline on the federal debt limit in two weeks, you can buckle up for something much scarier — maybe even a replay of the […]
Over
to Greece where the country’s leading economic think tank, IOBE, has
not ruled out national output contracting for a seventh
straight year in 2014. Helena Smith in Athens writes:Releasing its quarterly review earlier today, IOBE was unequivocal: in 2014 the recession-hit Greek economy would finally bottom out, it said, but in sharp contrast to official forecasts it could not […]
