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Greece’s Stock Market Crashed 16 Percent Today. Actually, That’s Good News.

Greece's stock market opened for business today after five weeks of suspended trading. As was to be expected, shares fell—a lot—because Greece's economy has been absolutely whomped by the recent fallout from its debt crisis, and it's still not 100 percent certain the country will strike a deal to stay in the eurozone. Show More Summary

In Defense of Varoufakis

LONDON -- From blaming him for the renewed collapse of the Greek economy to accusing him of illegally plotting Greece's exit from the eurozone, it has become fashionable to disparage Yanis Varoufakis, the country's former finance minister. Show More Summary

Tsipras and Hamlet

Two years ago this August, I predicted in The Mediterranean Quarterly Review that one of the following scenarios would come to pass in Greece by 2016. Scenario 1: Stimulated by an event in Greece -- a Syriza victory, a dramatic increase...Show More Summary

What Happens in Xanthi Every Morning at Precisely 10:23 a.m.

  "Niki of Xanthi" is my first "sun" sculpture. It's an amorphous bas-relief on the wall of "the House of Shadow" in Xanthi, Greece. Next to the raised section of the wall there is a painted flowerpot... Now since the flowers need water all summer long, a woman, "Niki of Xanthi," will come out at 10:23 every morning to water them. Show More Summary

Getaways: Jaw-Dropping Greek Villa Looks Like a Touch of Heaven

All photos by Serge Anton via Designboom At first glance, this spectacular hillside villa in western Greece looks like one of those surreal visualizations of minimalist architectural forms. But oh, it's very real. Designed by Brussels-based architect Olivier Dwek, the...

Greek Stock Market Opens After Five Week Closure and Promptly Nosedives to a 22 Percent Loss

20 hours agoNews : Vice News

After a five-week closure, Greece's stock market plunged over 22 percent when it reopened Monday, as investors had their first chance since late June to react to the economic crisis that has engulfed the country. Bank shares suffered most, hitting or nearing the daily trading limit of a 30 percent loss. Show More Summary

Cristiano Ronaldo bought his agent a Greek Island as a wedding gift

Remember a month ago when Greece was about to fall off a fiscal cliff into the Mediterranean Sea? Remember when it had to raise 50 billion euros ($55 billion) to pay off debts, so it decided to sell off public assets? Of course you do. And so does soccer star Cristiano Ronaldo, who decided to buy […]

Greece ETF Foreshadowed Steep Drop in Athens

The textbook definition of “panic” might include an illustration of Athens’ stock market on Monday, which tumbled 16% after a five-week trading halt. And yet, in the U.S., the Global X FTSE Greece 20 ETF (GREK), was having a relatively quiet afternoon. It’s price fell 1.6% on volume that was set to be lower than [...]

Spectacular Mediterranean Sea Views from Kefalonia’s Open Plan “House T”

Greece isn’t short of an incredible view or two and this latest work from Belgian studio Oliver Dwek takes full advantage of the country’s picturesque landscape. Situated on the idyllic island of Kefalonia, the layout is all about… The post Spectacular Mediterranean Sea Views from Kefalonia’s Open Plan “House T” appeared first on Selectism.

When China Stopped Acting Chinese

Much of the world is focused on what is happening in Greece and Europe. A lot of people are paying attention to the Middle East and geopolitics. These are significant concerns, for sure; but what has been happening in China...

Tesla Model X Hauling Trailer, 2016 Chevy Volt Pics, Solarizing Greece, + More (Cleantech Link Drop)

In need of some more solar, Tesla, EV, wind, energy storage, energy efficiency, and other cleantech news & commentary? Check out the stories below from around the internet. Solar Gas2 Exclusive Interview: SunEdison & NASCAR Launch Hi-Tech...Show More Summary

Tsipras Still Battling a Grexit, Recession and Troika Chimera

As stock markets crash and Greece plunges deeper into recession, Prime Minister Alexis Tsipras is left with an even bigger fight on his hands - to revive Greek growth and avoid a Grexit.

Greek stock market reopens and promptly plummets

A massive sell-off of stocks in Greece on Monday underscored the uncertainty that still surrounds the Mediterranean nation as its government tries to secure a new international bailout to avoid a disastrous default.

German Finance Chief Wrong to Talk of Temporary Grexit - French Minister

French Finance Minister Michel Sapin said that the idea of Greece withdrawing from the eurozone is unacceptable.

Stocks Plunge in Greece as Athens Exchange Reopens

yesterdayNews : NYTimes: News

Bank shares were particularly vulnerable, as trading restarted after a five-week shutdown. And a decline in Greek manufacturing underscored broader problems.

Some Greek stocks hold firm

Greece's stock market plunges more than 18%, but some listings were attracting buyers at lower levels. ||| Athens - Although Greece's stock market had plunged more than 18 percent by mid-session on Monday, some listings were attracting...Show More Summary

Greek stocks bashed at restart

Greece’s stock market slumps and weak figures from China help push oil prices to their lowest in six months. ||| London - The Greek stock market slumped when it re-opened on Monday after being shut down for five weeks, while weak data from China helped push oil prices to their lowest in six months and Asian stocks close to their 2015 lows. Show More Summary

European shares shrug off Greek slump

European shares edge up on Monday after strong results from HSBC and Commerzbank. ||| London - European shares rose on Monday as strong results from HSBC and Commerzbank offset the impact of weak Chinese data, but Greece's market slumped after re-opening following a five-week shutdown. Show More Summary

Greek stock market opens 23% down

Greece’s stock market plunges on Monday after being shut down for five weeks under capital controls. ||| Athens - Greece's stock market fell sharply on Monday after being shut down for five weeks under capital controls imposed by the government in Athens to stop a flight of euros from the country. Show More Summary

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