New Greek Premier Steps Into Spotlight – Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Lucas Papademos, named today to be interim prime minister of Greece, steered the country into the euro region as central bank governor more than a decade ago. Now the former European Central Bank vice president will have to secure the country\u2019s euro membership for a second time. Papademos, who has never held elected office, helped … <\/p>\n
Continue reading “New Greek Premier Steps Into Spotlight – Bloomberg”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[962,1169,1236,1292,1295,1614,2166,2763],"class_list":["post-1854","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt-crisis","tag-ecb","tag-emu","tag-euro","tag-euro-zone","tag-greece","tag-lucas-papademos","tag-prime-minister"],"yoast_head":"\nNew Greek Premier Steps Into Spotlight - Bloomberg - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Greek Premier Steps Into Spotlight - Bloomberg - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Lucas Papademos, named today to be interim prime minister of Greece, steered the country into the euro region as central bank governor more than a decade ago. 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The interim government would oversee the transition until possible new elections\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13775,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/07\/08\/australian-stocks-buy-in-july-2\/","url_meta":{"origin":1854,"position":1},"title":"Australian stocks: Buy in July?","author":"ColinTwiggs","date":"July 8, 2015","format":false,"excerpt":"Australian stocks typically encounter tax loss selling in June (before end of the financial year), followed by a rally in July\/August that often carries through into the next calendar year. Sale of poor performing stocks before EOFY withdraws money from the market and effectively lowers all stock prices. 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Sale of poor performing stocks before EOFY withdraws money from the market and effectively lowers all stock prices. After the\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Accumulation Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-07-06-xjoa.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-07-06-xjoa.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-07-06-xjoa.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":1597,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/barclays-explains-why-a-50-greek-haircut-would-be-considered-a-credit-event-consequently-triggering-cds-contracts-zerohedge\/","url_meta":{"origin":1854,"position":3},"title":"Barclays Explains Why A 50% Greek Haircut “Would Be Considered A Credit Event, Consequently Triggering CDS Contracts” | ZeroHedge","author":"ColinTwiggs","date":"October 27, 2011","format":false,"excerpt":"Finally someone dares to go ahead and say what is on everyone's mind, namely that proclaiming a 60% \"haircut\" as voluntary is about the dumbest thing to ever come out of ISDA. As is well known, the ECB and the entire Eurozone are terrified of what may happen should Greek\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50386,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/03\/25\/china-steps-in-to-support-yuan\/","url_meta":{"origin":1854,"position":4},"title":"China steps in to support Yuan","author":"Colin Twiggs","date":"March 25, 2024","format":false,"excerpt":"China\u2019s Yuan pared losses seen Friday after the central bank signaled its support for the managed currency via a stronger-than-expected daily reference rate. (Bloomberg) The PBOC set the Yuan\u2019s fixing at 7.0996 per dollar on Monday, from 7.104 on Friday. The much lower fixing than the expected 7.222 causing the\u2026","rel":"","context":"In "Chinese Yuan"","block_context":{"text":"Chinese Yuan","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/chinese-yuan\/"},"img":{"alt_text":"Chinese Yuan","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-25-cny.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-25-cny.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-25-cny.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6823,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/28\/ecb-says-private-lending-contracted-for-ninth-month-in-january-bloomberg\/","url_meta":{"origin":1854,"position":5},"title":"ECB Says Private Lending Contracted for Ninth Month in January – Bloomberg","author":"Colin Twiggs","date":"February 28, 2013","format":false,"excerpt":"Jana Randow at Reuters writes: Lending to households and companies in the euro area shrank for a ninth month in January as the recession damped demand for credit. 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