Wednesday, April 7, 2010 as of 11:14 AM ET
Dr Lucas Papademos (; born 11 October 1947) is a Greek economist who was the Prime Minister of Greece from 2011 to 2012, leading a government of national unity in the wake of the Greek debt crisis.
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FOX Business: The Power to ProsperWall Street managed to put an end to a brutal global rout on Wednesday, with the S&P and Nasdaq ending in the green as traders parsed through a slew of headlines from Europe.
Today's MarketsThe Dow Jones Industrial Average slumped 6.7 points, or 0.05%, to 12496, the S&P 500 rose 2.2 points, or 0.17%, to 1319 and the Nasdaq Composite gained 11 points, or 0.39%, to 2850.U.S. markets made a significant comeback on the day. Indeed, the Dow was down 191 points at the lows of the session. All of the S&P 500 sectors were in the red for most of the session, but by the end of trading, there were only four to the downside. Still, U.S. Treasury yields fell as traders bid up the safe-haven asset. The yield on the 10-year dropped 0.069-percentage point to 1.724%Market participants across the globe have worried about the growing chances that Greece may be forced to exit the eurozone in a move that would send shockwaves across markets there. On Tuesday afternoon, form...European shares ended a two-day rally and safe-haven assets such as the dollar rose on Wednesday, as investors doubted any new measures to tackle the euro-zone debt ...
The euro on Wednesday tumbled to its lowest level versus the dollar since late August 2010, extending a loss as European equities declined ahead of a summit meeting ...
European stock markets tumbled in early action on Wednesday, in the wake of comments late the prior session from former Greek Prime Minister Lucas Papademos and as m...
European stock futures were indicating losses at the open for markets on Wednesday, driven by comments from former Greek Prime Minister Lucas Papademos. Futures for ...
FOX Business: The Power to ProsperAfter trading in the green for the vast majority of the session, the markets turned negative on Tuesday afternoon as market partici...
Greece made a last-minute decision on Tuesday to pay bondholders who refused to accept a debt restructuring, a move that may set a precedent and infuriate creditors ...
The leader of Greece's leftist Syriza party on Tuesday called on the country's two ruling parties to rescind their support for austerity measures as he attempted to ...
Greek banks will post big losses for 2011 on Friday, as they will include the writedown on government bonds suffered during last month's bailout deal for the country...
Prime Minister Lucas Papademos said on Friday Greece may need a third bailout package if the sweeping austerity measures demanded by its international creditors fail...
Greece is more than halfway down the path to economic recovery and should be able to return to growth in less than two years, Lucas Papademos , the country's caretak...
The popularity of Greece's two main political parties, which have backed the country's coalition government, continues to deteriorate, a public opinion poll showed T...
"I'm a plumber, and I'm proud of it," Walt Lukken, the new president of the Futures Industry Association, told assembled media at the opening of the derivatives trad...
As jitters about Greece leaving the eurozone reach a boiling point, one of the key lessons of the Lehman Brothers collapse should loom large over the heads of policy...
FOX Business: The Power to ProsperWall Street managed to put an end to a brutal global rout on Wednesday, with the S&P and Nasdaq ending in the green as traders pars...
Crude oil futures were weaker Wednesday as fresh worries that Greece may exit the euro raised concerns over the health of European economies.After Lucas Papademos, f...
FOX Business: The Power to ProsperU.S. stock-index futures followed European shares to the downside on Wednesday amid skepticism that eurozone leaders meeting on the...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
Treasury prices rose on Wednesday, pushing yields down and erasing some of the prior session's move, as markets lose hope that European Union officials meeting later...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
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