As the drama continues in Greece, the world is becoming less patient with the European leaders involved. An editorial from the Financial Times on Sunday blasted Greek prime minister Alexis Tsipras for his role in the crisis. Meanwhile, some protestors have vilified German chancellor Angela Merkel, French president Francois Hollande, and others for pushing hard on Greece…
By Lewis Krauskopf(Reuters) – The head of General Electric Co’s finance unit said Tuesday he expects the pace of GE Capital asset sales will accelerate in the third quarter as the U.S. conglomerate eyes unloading an even bigger chunk of assets.”We’re going to pick up the pace in the third quarter,” GE Capital Chief Executive Keith Sherin told Reuters in an interview…
June 30 (Reuters) – The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email email@example.com.
(The following statement was released by the rating agency) LONDON, June 30 (Fitch) Fitch Ratings has downgraded Greece’s Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to ‘CC’ from ‘CCC’. The issue ratings on Greece’s senior unsecured foreign and local currency bonds have also been downgraded by one notch to ‘CC’ from ‘CCC’…
BRUSSELS, June 30 (Reuters) – The Greek government indicated in a call on Tuesday with euro zone finance ministers that it could change its stance on the referendum it has called for Sunday if a request for a new loan could be agreed, euro zone sources said.
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