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Greece bond buyback priced to succeed

December 3, 2012

Greece plans  to spend €10bln buying back bonds as part of moves to reduce its ballooning debt. Reuters Athens correspondent George Georgiopoulos says the deal looks like it’s priced to succeed.

160,000 bank jobs gone – and they aren’t coming back

November 16, 2012

Major banks have announced 160,000 job cuts worldwide according to research by Reuters investment banks correspondent Sarah White. And the chances are that most of those posts are gone for good. Sarah White’s story on bank job losses can be read here.

Euro zone GDP: The only way is down

November 15, 2012

Euro zone growth beats forecasts in Q3, but the bloc is still back in recession and has little hope of growing its way out of the current debt crisis, says Reuters Breakingviews assistant editor Edward Hadas.

Spain’s “bad bank” could be bad news for developers

November 8, 2012

Spain’s “bad bank” could be bad news for the country’s property developers. Reuters correspondent Tom Bill explains why: Tom Bill’s story on Spain’s bad bank can be read here.