history

February 27, 1953 Sixty years ago today, 20 countries including Greece, Spain, and Italy signed the Agreement on German External Debts that forgave half of Germany’s pre- and post-war debt (with some exceptions) to encourage German economic reemergence and development...

February 19, 2009 Roubini Says a Sovereign May ‘Crack’ Amid Crisis Nouriel Roubini, the New York University professor who predicted the global credit crisis, said a “sovereign may crack” as officials try to bail out their financial systems. Europe’s debt...

February 1, 2006 Bank of Cyprus Plans Expansion Abroad to Boost Profitability Bank of Cyprus Ltd., the biggest lender on the Mediterranean island, will expand in Greece, Russia and Southeast Europe as part of plans to increase profitability over the...

January 29, 2010 ALMUNIA SAYS EUROZONE HAS NO ‘PLAN B’ ON GREECE Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the...

January 23, 2007 Summers, Trichet Warn Davos Party-Goers They Underestimate Risk Lawrence Summers has a message for investors heading to the Swiss mountain resort of Davos this week to toast a year of booming returns and record bonuses. “It’s worth...

January 22, 2006 Greece to Favor Credit Agricole in Emporiki Sale The Greek government will favor Credit Agricole SA of France in a planned sale of its stake in Emporiki Bank of Greece SA, the country’s fourth-biggest lender, daily newspaper...

January 15, 2007 Greek Stocks Highest in More Than 6 Years; Bank of Cyprus Leads Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years...

January 9, 2003 Chirac Says Budget Austerity Inappropriate While Growth Weak Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots,...

January 4, 2001 Greece Euro Entry Good News for Bond Investors: Rates of Return Bonus quote: “Greece is the best bond market in the euro zone,” said Andrew Snowball, who helps oversee about $5 billion at Julius Baer Investments Ltd,...