Pick a term, any term. ‘Reprofiling', ‘restructuring' or a plain old ‘default' - there is only so far you can disguise the inevitable.
Dromeus hedge fund manager Jason Manolopoulos argues Greece's ‘odious' debt was incurred by politicians with a self-granted veil of impunity
Yields on Greek 10-year government bonds have rocketed to record levels as fears rise the nation could default on its debt repayments, the FT reports.
Arguments for the beleagured Europe ex UK sector are getting stronger, but growth figures flatter the region warn managers
Dominique Strauss-Kahn this morning gave in to mounting pressure following his arrest for an alleged sexual assault by resigning from the IMF.
LVAM's Mark Page and Laurent Millet are joining Artemis' European equity strategies team in early September.
Dominique Strauss-Kahn's role as head of the International Monetary Fund (IMF) looks increasingly untenable following comments from US Treasury Secretary Tim Geithner he "cannot run" the IMF.
European governments yesterday discussed the prospect of a fresh multi-billion euro bailout for Greece - just a year after committing €110bn - in a bid to calm the markets and stabilise the region's currency.
Ignis Argonaut's Barry Norris has moved overweight defensives for the first time in two years as he believes the cyclical rally in European equities may be over.