Any attempts to solve its sovereign crisis with a new bailout will be like "kicking the can down the road," says Andrew Balls, PIMCO's head of European portfolio management.
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Greece, Spain and Portugal have a surprising amount of gold in reserve.
Investors in Greece investors celebrated today as their government was able to go to the open market and float 2-year notes at a yield of 20%.
Greek default may create domino effect; Apple and Intel end the use of "conflict minerals"; McDonald's to hire 50,000; Southwest grounds most of its fleet... and more.
Irish regulators tell four banks to raise 24 billion euros.
The latest acronym represents the next tier of emerging markets: Mexico, Indonesia, South Korea, and Turkey.
A Bloomberg survey shows 48 percent believe one or more nations will drop out of the European Union within the next 2-5 years.
It's not one of the PIIGS. Go East.