Greece

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...

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...

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...

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-...

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....

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...

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...

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...

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...

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...

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...

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...

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 “...