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  • Greek Deficit Sends Financial Tremors Through EU 10 Feb 2010 02:36 GMT
    ... That is correct. There are about five countries that investors are particularly worried about: Portugal, Ireland, Italy, Greece, and Spain. And the acronym for these is the PIIGS, if you will, unfortunately. All of these ...

  • European governments agree to help Greece 10 Feb 2010 00:10 GMT
    ... Friday amid worries about Greek, Portuguese and Spanish finances, rose on Monday to highs near ... default. Fiscally fragile euro-zone countries like Greece, Portugal and Spain are under intense pressure to rein in ...

  • EU set to pull Greece from the brink 10 Feb 2010 01:36 GMT
    ... to be leading an effort to backstop Greece and other troubled members of the 16-member ... The problems of countries such as Greece, Spain and Portugal, each in a fiscal mess, have rippled ...

  • Stocks Rally on Hopes of Greek Bailout 10 Feb 2010 00:16 GMT
    ... Tuesday as investors grew more hopeful that Greece would be saved from its debt troubles, ... in Europe, where swelling deficits in Greece, Spain, and Portugal have stoked fears that those countries may ...

  • Investors eye potential Greece rescue 10 Feb 2010 00:36 GMT
    ... of a possible European bailout for debt-strapped Greece. A senior German ruling coalition source told ... growing fears about fiscal problems in Greece, Portugal and Spain. "If they do come and help Greece, (that) ...

  • Germany Outlines Greek Aid Measures on Eve of European Summit 10 Feb 2010 00:32 GMT
    ... slump in bond prices amid speculation that Greece would fail to tackle the EU’s largest ... hazard issue and encourage other countries like Portugal, Spain and Ireland to keep on track in terms ...

  • Greece vows pension, wage reform as strike looms 10 Feb 2010 00:18 GMT
    ... ATHENS, Greece (AP) - Greek officials pledged Tuesday to ... to other troubled EU economies such as Portugal and Spain, and pushed down the euro exchange rate. Some ...

  • Greece bailout hopes spur stocks 10 Feb 2010 00:57 GMT
    ... various options were being considered to help Greece regain its fiscal footing and limit financial ... other so-called peripheral euro zone economies, including Spain and Portugal, cannot handle their debts and deficits. and ...

  • IMF help with Greece may be unavoidable 10 Feb 2010 01:12 GMT
    ... the European Union can't quell concerns over Greece's debt burden, the International Monetary Fund may ... toward other fiscally fragile countries such as Spain and Portugal that are also shouldering heavy debt burdens. ...

  • EU leaders to meet amid Greek chaos 10 Feb 2010 02:13 GMT
    ... analyst Brian Coulton cautioned a bailout for Greece is a 'possibility' but not assured, and ... fragile. Speculation spread quickly from Greece to Spain and Portugal. If we don't look credible we could ...

  • Roubini says Greece aid 'step in right direction' 10 Feb 2010 02:33 GMT
    ... deficit and loss of external competitiveness for a number of reasons is shared by Spain and Portugal -- and to some degree by Ireland and Italy. But concerns go beyond Greece and other troubled euro zone members. "Outside of the ...

  • Asian Stocks Rise as Greece Concern Eases; BHP, Nissan Advance 10 Feb 2010 01:31 GMT
    ... after European officials said they may help Greece grapple with its budget deficit, easing concern ... will tighten monetary policy, and that Greece, Spain and Portugal will struggle to curb deficits. The Nikkei ...

  • Oil Supported by a Sharp Rebound in Risk Appetite on Speculation of a Greek Bailout 10 Feb 2010 00:40 GMT
    ... the ultimate concern for global investors. Beyond this single economy, other EU members like Portugal, Spain, Ireland and Italy could be in next in line to face the critical eye of the skeptical ...

  • Europe to shore up Greece, wary of what lurks nearby 10 Feb 2010 02:54 GMT
    ... is that Greece's problems aren't its alone. Similar fears have hit nations such as Portugal, Spain and Italy, which also benefited from historically low borrowing rates but which critics say were riskier ...

  • Europe Watches as Portugal, Its Deficit Rising, Struggles to Restore the Economy 10 Feb 2010 03:10 GMT
    ... plummeted on fears that it - and Spain - might be seen in the same category ... economic and monetary affairs, Joaquín Almunia, listed Portugal, Greece and Spain as countries that had ... the social security system. Unlike Greece or Italy, it has also instituted sophisticated e-banking systems ...


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