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In a last ditch attempt to buttress Athens from an economic meltdown, European finance ministers have approved a provisional loan of €7 billion ($7.6 billion) meant for the country’s most critical debts. The European Central Bank will also provide assistance of €900 million in emergency funding into Greek banks.
? Investment banking fees reached US$154.7 million during the half of 2015 ? Equity and equity-related issuance totalled US$1.0 billion during the second quarter of 2015 ? Debt issuance reached US$3.2 billion during the second quarter of 2015
Overall it seems to us that the new bailout deal agreed to by the Greek government and its creditors on Monday (July 13), and now approved by the Greek parliament, is worse for the Greek people as it is likely to lead to further austerity than the one put before the Greek voters—and rejected—in a referendum at the beginning of the month.
“Volatility is not the enemy of the long-term investor. The investor’s response to it is.”- Josh Brown author of Backstage Wallstreet.
The strongest deterrent against FSP compliance missteps is or should be: