Greece

Goldman Sachs recently visited Greece and met with members of the banking community to get an update on conditions within the sector. Although immediate liquidity is no longer a concern due to capital controls, bank sentiment remains low. Goldman predicts that the downturn in Greece will...

There are still pockets of weakness among the PIIGS (Portugal, Ireland, Italy, Greece and Spain), the countries previously and some still known as Europe's problem children, but investors should not outright shun opportunity with the PIIGS. These Little PIIGS Went To Market Entering Tuesday,...

Greece's leftist Syriza party was able to secure enough votes to form a coalition government over the weekend, putting party leader Alexis Tsipras back into the spotlight. Tsipras saw about half of his party abandon him earlier this year when he agreed to a reform deal with EU leaders in...

This weekend, Greeks will head to the polls to elect members of the country's parliament after a turbulent year fraught with elections, demonstrations and political upheaval. However, Greek voters appear to be fatigued by the nation's political and economic trouble, making the outcome...

Greece, a country that seemingly holds elections as frequently as some people change socks, is doing just that next week, that is holding more national elections, but in advance of those elections the Global X FTSE Greece 20 ETF (NYSE: GREK) has other issues with which to contend. Last week,...

Get a full recap of this week's outlook in the video below: Scoreboard With the lack of hopium sources, equity markets ended the week on a sour note. Friday The Friday close was largely saved from much worse results by Apple Inc. (NASDAQ: AAPL) mightily defending the 108.5 level (see the...

The recent selloff in markets around the world has underscored just how fragile the global economy can be. Concerns about China are giving investors reason to worry about stability and presenting a challenge for policymakers, especially in the United States where the Federal Reserve has been...

The tiny Greek island of Agistri has been particularly hard-hit by the nation's financial troubles. Capital controls forced residents of the tiny island to travel by boat to the mainland in order withdraw their daily ration of cash after Agistri's one ATM quickly ran out of cash. The...

This weekend, Greeks will head to the polls to elect a new parliament in the wake of the nation's turbulent bailout negotiations. This weekend's vote represents another big turning point in Greece's debt saga as the anti-austerity Syriza party is favored to win, albeit without an...

While Greece's financial problems have begun to fade from the international spotlight, the nation is still struggling as capital controls and a shaky government weigh on everyday life. Greeks are still unable to withdraw more than €60 each day and transferring money into foreign bank accounts is...

If you thought the eleventh hour negotiating between Greece and its creditors was over, you thought wrong. Although the nation has been out of the news after a preliminary bailout agreement was made, Greek policymakers are still bargaining with EU officials to get their hands on more cash and...

On Monday morning, Athens' stock exchange reopened after being shut down for five weeks. In an effort to keep the nation's financial system from crashing, Greek policy makers enacted capital controls which included the closure of share markets earlier this summer. However as predicted,...

While the trouble in Greece is still far from over, an interim bailout deal and open lines of communication appear to have put out the fire for now. However, the International Monetary Fund's annual review of the eurozone pointed out that the region still has a long way to go before...

This week, Greek Prime Minister Alexis Tsipras narrowly avoided another political meltdown after the nation's Parliament approved another set of belt-tightening measures that the nation's creditors demanded in exchange for a second installment of bailout funding. Tsipras has been able to maintain...

Earnings week continues to heat up the financial markets; General Motors Company (NYSE: GM) released earnings early Thursday with beneficial news. The automotive giant kept raking in SUV and pick-up sales despite the slowdown in China, as GM posted earnings that topped analyst expectations....