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Stocks Fall As Greece Continues To Struggle

Associated Press — Tue, 08 May 2012 16:59:25 +0000

U. S. stocks are plunging as a rising wave of political uncertainty rocks Europe and spreads through global financial markets.

European stocks fell sharply Tuesday as newly-elected Greek politicians appeared unable to form a coalition government

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Greek Bond Swap Set For Today

Associated Press — Mon, 12 Mar 2012 11:49:15 +0000

ATHENS, Greece (AP) — Greece is set to swap its privately held bonds issued under Greek law with new ones worth less than half their original value.

The bonds are to be swapped Monday, after securing the biggest debt writedown in history last Friday and paving the way for a second international bailout

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Oil Prices Climbing Above $101 As Natural Gas Prices Tumble To $2.56

Associated Press — Tue, 14 Feb 2012 17:06:21 +0000

NEW YORK (AP) — Oil prices are above $101 per barrel as Greece and its creditors continue to work on plans to trim massive debts. Natural gas prices jumped as bargain hunters snapped up contracts that are still the cheapest in 10 years

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Oil Prices Fall As Greece Debt Talks Continue

Associated Press — Fri, 20 Jan 2012 16:26:53 +0000

Oil prices are falling as Greece's debt negotiations spark new concerns about Europe's financial problems.

Benchmark oil fell $2.14, or 2.1 percent, to $98.25 per barrel Friday morning in New York. Brent crude fell $1

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Power Sharing Talks In Greece Drag On

Associated Press — Tue, 08 Nov 2011 16:15:37 +0000

ATHENS, Greece (AP) — Greece will get a new prime minister later Tuesday, senior government officials said, as the country’s European partners ratcheted up the pressure for a swift resolution to the political crisis. Talks between current Prime Minister George Papandreou and opposition leader Antonis Samaras have dragged into a second day as they try [...]