Market attention is focused on whether or not Greece will exit the eurozone. PIMCO's Mohamed El-Erian says the developments in Greece are like a heart attack that could happen except it isn't clear how big or serious it will be. In a Foreign Policy ...

"Simply put, the status quo is no longer an option for Europe over the three- to five-year horizon," PIMCO Chief Executive Officer Mohamed El-Erian wrote in a report outlining the Newport Beach, California-based company's medium-term economic outlook.

Footnote1 Also the national anthem of Cyprus. Footnote2 Before 2002, the Greek drachma. While the area around Attica was inhabited during the Upper Paleolithic period (30000–10000 BC), archaeological evidence suggests that the small caves ...

SEATTLE - Greece is following the road taken by several other crisis-ridden emerging economies over the past 30 years. Indeed, as I argued earlier this year, there are stunning similarities between this once-proud eurozone member and Argentina ...

Greece's political impasse has entered a second week with the country failing to form a new government. Talks of a Greek exit have gained traction and it looks increasingly likely that Greece will face new elections on June 17. But what ...

“The status quo is no longer an option for Europe over the three to five year horizon,” Pimco Chief Executive Officer Mohamed El-Erian wrote in a report outlining the Newport Beach, California-based company’s medium-term economic outloo

Behavioral finance specialists will have a field day with the Facebook IPO as it speaks volumes to an issue that differentiates them from those that espouse the efficient market hypothesis -- namely, that investors can be vulnerable to mistakes dictated by ...

Unfortunately, many countries' defenses, both monetary and fiscal, are already run down as they continue to deal with the domestic aftershocks of the 2008 global financial crisis. This is especially true for the larger European economies that ...

The view was made by Mohamed A. El-Erian, Pimco CEO and co-chief investment officer, out of an annual gathering where the firm’s fund managers exchanged musings on the global economic outlook and potential implications on financial assets over ...

In what should be a rattling and action-inducing wake-up call, Mohamed El-Erian, CEO of Pimco, the world’s largest bond investment firm, reiterated in an article in The Washington Post what we’ve been saying for weeks. …few think the ...