* US employment grows at fastest pace in 4 yrs, boosts dlr
* Euro rebounds; G7 finance officials discuss Greece
* Euro on track for biggest weekly loss since Oct 08
* Sterling hits 1-yr low on uncertainty after UK vote (Updates prices, adds comment, US data, changes byline, dateline)
The dollar rose against the yen and recovered some [...]
Posts Tagged ‘greek banks’
FOREX-US jobs gain boosts dollar, Greek worries linger
May 7th, 2010 by HardMoney Writer
Tags: businesses, capital markets, economic recovery, economy, European Central Bank, european union, Federal Reserve, financial, global recovery, greek banks, US Economy, US employment
more...Moody’s downgrades Greek banks, long slump feared
March 31st, 2010 by HardMoney Writer
Moody’s credit rating agency downgraded five Greek banks on Wednesday, saying their finances will suffer from the effects of the country’s public debt crisis — including painful austerity measures and a long recession.
The credit rating agency said the outlook on the banks — National Bank of Greece, EFG Eurobank Ergasias, Alpha Bank, Piraeus Bank and [...]
Tags: borrowing costs, credit rating, debt crisis, financial crisis, greek banks, recession
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