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A Bend financial advisor says there isn't much of a reaction in the markets to an austerity plan unveiled in Greece. Fox News is reporting today that Germany's Finance Minister questioned whether the deal goes far enough to earn a crucial $130 billion bailout. Tyler Simones with Northwest Quadrant Wealth Management in Bend says the situation with Greece seems to already be priced into the market, but Greece will probably continue to make financial headlines for much of 2012: "We are now very interconnected and so nobody really knows where everything lies and there's worry that some of our banks have exposure to that Greek debt and that could be a problem to them.” Simones agrees with Chase Bank President Jamie Dimon who believes the impact from big problems in Greece will be minimal.

 

 

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.