Global X MSCI Greece ETF (GREK)

NYSEArca - NYSEArca Delayed Price. Currency in USD
7.27+0.04 (+0.55%)
At close: 8:00 PM EDT
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  • Barrons.com2 days ago

    4 Greece Headlines: Debt Relief As China Expands Piraeus?

    The International Monetary Fund reiterated Friday that Greece needs more debt relief. The Global X MSCI Greece exchange-traded fund (GREK) is up 1% today, while the iShares MSCI Emerging Markets ETF (EEM) was down more than 1%. Reuters reports: "The review, which is separate from current bailout implementation talks, said debt relief must be calibrated on credible fiscal and growth targets, and noted that current primary budget goals beyond 2018, which exclude debt servicing costs, are unlikely to be reached.

  • Barrons.com2 days ago

    Emerging Market Fund Flows: First Exits In 12 Weeks

    In anticipation of Fed rate action, net fund flows into emerging market equities were negative in the past week. The data is through Wednesday, the day the Federal Reserve Open Market Committee -- not ...

  • Barrons.com11 days ago

    6 Greece Must-Reads As Labor Snubs IMF Job Demands

    Ahead of a meeting with the International Monetary Fund, the leftist Greek government said it won't comply with IMF labor reform demands, calling them an affront to collective bargaining that should not be a condition of the financial bailout. Shares of the National Bank of Greece (NBGGY) have tumbled 40% this year, and three other publicly traded Greek banks have suffered similar losses. The Greek labor minister George Katrougalos told Reuters Wednesday that labor negotiations are "the core of the European social model" and that the Greek government has "reached a point where we can no longer tolerate the deterioration of Greek workers' state." A breakdown in talks could put renewed pressure on the 86 billion euro ($94.5 billion) financial Greek bailout.