Posts Tagged: george papandreou

Greece and Its Lenders Agree on Austerity Plan

ATHENS — Greece and its foreign lenders reached an agreement on Thursday on a five-year austerity plan that Prime Minister George Papandreou must now push through Parliament in order...

Asian Shares Mostly Down On Greek Woes

SINGAPORE (Dow Jones)–Asian stock markets were mostly lower Friday, as sentiment remained fragile due to continued concerns over Greek debt woes, while Woodside Petroleum fell in Sydney due to...

Recession looming back again

U.S. stocks sank the most in two weeks, almost erasing the 2011 gain for the Standard & Poor’s 500 Index, and the euro slid the most in more than...