Grexit

Online betting operations aren't just for sporting events. Sites like Ladbrokes and William Hill allow people to put money on the outcome of political events like important elections, major policy decisions, and now, the result of Greece's bailout talks. Bookies See Resolution Despite...

The continuing saga over a Greek sovereign default has seemingly reached critical mass. Market watchers are divided over whether a deal can be reached to meet financial obligations and set the country on a sound fiscal course. The Global X FTSE Greece 20 ETF (Global X Funds (NYSE: GREK)) is the...

On Wednesday, the European Central Bank increased its emergency funding for Greek banks to €83 billion from €80.7 billion, as nervous depositors raced to withdraw their funds. The nation has been unable to reach a deal with its creditors over its next installment of bailout funding and with just...

Despite months of negotiations, Greece has been unable to secure its much-needed next installment of bailout funding. The nation has been struggling to stay afloat financially; its loan repayment to the International Monetary Fund came due on Friday, but Athens put the payment off in order to buy...

In a report published Friday, Credit Suisse analyst Sean Shepley discussed the likelihood of a Greece default, or a "Grexit" from the European Union. According to Shepley, a deal between Greece and its international creditors will be made by June and would cover the country's...

With Greece and its EU creditors still trying to work out the details of an agreement to release the nation's bailout funds just days before Athens is due to make loan repayments, policymakers in other parts of the world are beginning to worry that a Greek exit from the eurozone is becoming a real...

With many expecting Greece to run out of cash in a matter of weeks, the nation's finance minister Yanis Varoufakis commented that a deal to unlock some of the nation's bailout money was in the cards. On Monday, Varoufakis told Star TV that he expects to come to an agreement with his EU counterparts...

Greece is running out of cash at a much higher rate than previously thought and yet there are no signs of a deal with its international creditors to resolve liquidity issues concerning the country. Mohamed El-Erian, Allianz chief economic advisor, was on CNBC Monday to discuss the possibility...

Data out this week appeared to show that the European Central Bank's quantitative easing program has helped turn the region around; the eurozone economy grew at its fastest pace in almost two years during the first quarter of 2015. The gain can be attributed largely to impressive growth in France...

On Monday afternoon, eurozone finance ministers are set to convene in order to discuss the reform proposals submitted by Athens. The proposals cover options to receive another installment of bailout funding. The ongoing negotiations over Greece's financial state have dragged on for months and are...

The markets have feared the possibility of a Grexit (Greece exiting the European Union) for quite some time now. However, if that eventually happens, will it be as disastrous as some are making it out to be? Former Greek Prime Minister George Papandreou was on Wall Street Week recently to answer...

Greece and its creditors have been locked in negotiations over the nation's bailout funding for months, but both sides are adamant that a Greek exit from the eurozone is not an option. Still, cautious investors are worried that the two sides won't reach an agreement before Athens' next loan...

With bailout negotiations dragging on and no resolution in sight, many are beginning to worry that Greece could soon default and eventually be forced to leave the eurozone. The nation has been in hot water ever since the leftist Syriza party took power and newly elected Prime Minister Alexis...

German research firm Sentix released a survey on Tuesday which showed that nearly half of the participating investors believe that Greece will exit the eurozone within the next year. The figures showed that 48.3 percent of those surveyed saw the nation leaving the block by April 2016, proving...

This weekend, EU finance ministers are set to meet in Riga, Latvia, where they will discuss the state of the ongoing negotiations over Greece's bailout funds. However, Athens' strained relationship with many of its creditors and a general feeling of mistrust between the two sides will likely...