Greece has enough money to pay pensions, workers’ salaries and bondholders through mid-November, the country’s finance minister said on Tuesday. The statement came as world stock markets slumped on fears of an imminent Greek debt default, which could bring down European banks and trigger another global recession. The Athens Stock Exchange general index tumbled by 6.3 per cent, while the main Europe markets fell almost three per cent. Jonah Hull reports from Athens, Greece’s capital, on how ordinary Greeks are feeling much of the economic pain of the debt crisis.
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Pain of debt crisis felt on Greek streets
Hunt on Debt-Reduction Talks, Jon Huntsman, Rick Perry
June 21 (Bloomberg) — Al Hunt, executive editor at Bloomberg News, talks about today’s meeting among Vice President Joe Biden’s bipartisan negotiators over the U.S. debt reduction.
Hunt, speaking on Bloomberg Television’s “InBusiness With Margaret Brennan,” also discusses Republican Jon Huntsman Jr.’s presidential bid and the possibility Texas Governor Rick Perry may also enter the race. (Source: Bloomberg)
Duration : 0:4:28
Humes Expects `Some Form of Reprofiling’ of Greek Debt
June 20 (Bloomberg) — Hans Humes, president of Greylock Capital Management, discusses Greece’s debt crisis and the prospects for restructuring its debt.
He speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)
Duration : 0:3:28
VTB’s MacKinnon Says Greece `Running Out of Road’
June 20 (Bloomberg) — Neil MacKinnon, an economist at VTB Capital Plc, talks about the outlook for the Greek debt crisis after European governments failed to agree on a payment to spare the country from default.
MacKinnon, speaking with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)
Duration : 0:5:6
Curnutt Says Europe Debt Crisis `Increasingly Alarming’
June 16 (Bloomberg) — Dean Curnutt, founder and chief executive officer of Macro Risk Advisors, talks about the European sovereign debt crisis.
Curnutt speaks with Erik Schatzker on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)
Duration : 0:4:14
Nixon Says Greece Needs New Three-Year Bailout Package
June 14 (Bloomberg) — James Nixon, co-chief European economist at Societe Generale, talks about the debt crisis in Greece and credit-default swap risk in Europe.
European finance chiefs are divided on how to involve private investors in a second bailout for Greece and stave off the euro area’s first sovereign default without running afoul of the European Central Bank. Nixon speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday.” (Source: Bloomberg)
Duration : 0:4:49
Fink Expects 2% to 3% Growth in U.S. For Next Decade
June 10 (Bloomberg) — Laurence Fink, chief executive officer of BlackRock Inc., discusses the outlook for the U.S. economy, financial regulation and his investment strategy.
Fink, speaking with Erik Schatzker at the 2011 Morningstar Investment Conference in Chicago on Bloomberg Television’s “InBusiness with Margaret Brennan,” also talks about Europe’s sovereign debt crisis. (Source: Bloomberg)
Duration : 0:10:19
Andersen Says Investors `Overallocating’ to Treasuries
June 10 (Bloomberg) — Jacob Kirkegaard, research fellow at the Peterson Institute for International Economics, and Peter Andersen, portfolio manager at Congress Asset Management, talk about the Greek sovereign-debt crisis, U.S. Treasuries and investment strategy.
They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)
Duration : 0:8:41
Donovan Says Greek Default Wouldn’t Be a `Lehman Moment’
June 9 (Bloomberg) — Paul Donovan, deputy head of global economics at UBS AG, talks about the European Central Bank monetary policy and sovereign debt problems in the euro region.
Two days after German Finance Minister Wolfgang Schaeuble opened a rift with the ECB over how to fix Greece’s debt crisis, Jean-Claude Trichet is likely to signal that the ECB is ready to raise interest rates for a second time in three months in July, a Bloomberg News survey showed. Donovan speaks in London with Linzie Janis on Bloomberg Television’s “First Look.”
Duration : 0:4:6
More Debt management stuff. [VLG Day 206]
Seeing the Citizens Advice Bureau tomorrow.
As suggested by WilliamT
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Duration : 0:8:1