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Greek Shipping, Soccer Magnate Contracts Coronavirus
Tuesday, March 10, 2020 - 3:42pm | 384Read More...Greek ship magnate Evangelos Marinakis announced on Instagram that he has contracted the coronavirus. The coronavirus "has ‘visited' me and I felt obliged to let the public know," Marinakis, the founder and chairman of Capital Maritime & Trading Corp., posted in both Greek and English. He...
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Greece To Buy Drones From US, Israel To Defend Against Another NATO Ally
Wednesday, December 18, 2019 - 4:13pm | 355Read More...Greece is buying three armed drones from the U.S. and another two from Israel, the country's defense minister Nikos Panagiotopoulos said, according to British newspaper the Times. What Happened The Greek minister told the country's parliament that the drones will be used as a defense...
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This Country Sees The Biggest Stock Market Growth In 2019
Wednesday, November 27, 2019 - 7:28am | 314Read More...Greece is headed to set the largest stock market growth in the world for the financial year 2019, Bloomberg reported on Wednesday. Largest Growth In Decades The country, which is still reeling from the debt crisis spurred by the financial crisis of 2007-2008, has seen its Athens Stock...
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SLANG Worldwide And Global Cannabis Corp Reach Greece
Monday, July 22, 2019 - 10:57am | 302Read More...SLANG Worldwide Inc. (CNSX:SLNG) said Monday it will reach Greece through a partnership with Global Cannabis Corp. GCC’s subsidiary GCC Pharma S.A. is one of the first companies to attain a medical cannabis installation license from the government of Greece. SLANG provided assistance to the...
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Inside The Greece ETF's Epic 2019 Rally
Tuesday, July 16, 2019 - 8:00am | 484Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only New York-listed exchange traded fund focusing on Greek equities, is up nearly 37% year to date, a performance that easily thumps the returns offered by emerging markets and Eurozone benchmarks. What Happened The fastest economic growth in more...
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The Greece ETF Continues To Impress
Monday, April 29, 2019 - 9:42am | 498Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only Greece exchange traded fund trading in the United States, is up 23 percent this year, underscoring the economic and equity market redemption stories happening in the once downtrodden Mediterranean economy. What Happened Not only is the $294.32-...
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Reasons To Cheer For The Greece ETF
Tuesday, April 9, 2019 - 8:36am | 499Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange traded fund dedicated to Greek equities, is up 22 percent this year. That's good for one of the better showings among emerging markets single-country ETFs and there could be reasons to expect more upside ahead for GREK....
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Greece ETF Tries To Get Going
Sunday, February 3, 2019 - 11:50am | 458Read More...Among the most repudiated single-country emerging markets exchange traded funds last year was the Global X MSCI Greece ETF (NYSE: GREK). The lone U.S.-listed ETF dedicated to Greek stocks plunged 31.2 percent last year, or more than the double the loss of the MSCI Emerging Markets Index. What...
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Greece ETF Looks For A Clean Break
Tuesday, April 24, 2018 - 1:39pm | 539Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange-traded fund dedicated to Greek stocks, is up 2.72 percent year-to-date. GREK is easily topping the 2018 performance of the MSCI Emerging Markets Index, a relevant comparison because Greece is classified as a developing economy...
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The Up And Down Of The Greece ETF
Wednesday, October 12, 2016 - 2:46pm | 538Read More...Perhaps due to the struggles of the iShares MSCI Italy Index (ETF) (NYSE: EWI), the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is not the most notorious member of the quintet of single-country exchange-traded funds dedicated to PIIGS economies. Nor is GREK the worst performing member of...
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A Smart ETF Play On A Dependable European Market
Wednesday, August 24, 2016 - 12:14pm | 562Read More...Among developed market currencies, the euro is disappointing investors. Disappointing because many investors were betting various monetary stimulus efforts by the European Central Bank (ECB) would serve to weaken the common currency, but nearly eight months into 2016, the Guggenheim CurrencyShares...
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Greece ETF Needs A Shot Of Confidence
Thursday, July 7, 2016 - 9:31am | 556Read More...Over the past year, none of the exchange-traded funds tracking the PIIGS economies have traded higher. In some cases, the losses incurred by these single-country ETFs are severe, but none are as bad as the Global X MSCI Greece ET (Global X Funds (NYSE: GREK)). GREK, the first and only ETF dedicated...
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Why Is The Market Rallying? UBS's Art Cashin Offers His Take
Wednesday, May 25, 2016 - 2:50pm | 295Read More...UBS's Art Cashin is no stranger to investors and is a frequent guest on CNBC. He offered his take on the ongoing stock market rally. Cashin pointed out that U.S. stocks took the lead from European stocks which surged higher. He noted that European stocks gained during their trading session on...
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Asian Stocks Mostly Higher On 'Limited News Flow,' European Stocks Follow The Lead
Wednesday, May 25, 2016 - 8:28am | 289Read More...Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...
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If The IMF Believes In Greece, Should Investors?
Tuesday, May 24, 2016 - 12:37pm | 263Read More...Signs of life for Greece’s economy and ability to stay in the European Union are piling up of late. Greece’s parliament recently approved austerity measures required to unlock its next wave of rescue funds from its creditors. The International Monetary Fund has called for “...
