Tuesday, June 26, 2012

Chart showing maturity profile of outstanding debt for Spain, Greece, Portugal, Ireland and Cyprus.

Chart showing maturity profile of outstanding debt for Spain, Greece, Portugal, Ireland and Cyprus.
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Russell Davison

3:27 AM  -  Public
Electricity power sales to Greece stopped by trading companies
Baseload (24-hour) electricity prices in Greece jump from 30-40 euros per megawatt-hour to 96 euros in some hourly trading slots because of import cuts and hot weather.
Risk of Greek blackouts increases as traders cut or halt power supplies - Telegraph »
Power traders in at least four countries have reduced or halted electricity exports to Greece due to non-payments, helping to force market prices sharply higher in a potential blow to struggling i...
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From the web
Instead, Greece is likely to be represented by outgoing Finance Minister George Zanias in a delegation headed by President Karolos Papoulias. Greece had initially put forward Foreign Minister Dimitris Avramopoulos as well, but was told protocol did not permit him to take the place of the prime ...
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SOT SOT

5:24 AM  -  Public
Greece is ungovernable (while the euro’s derailment continues): On ABC tv 7.30 Report »
YANIS VAROUFAKIS, ECONOMICS, ATHENS UNIVERSITY: Well, the derailment of the train that is the eurozone, which started with Greece and then other carriages started leaving the tracks sequentially – Ire...
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