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| | | ... spiked close to seven per cent Tuesday, a sign that markets are questioning the country's ability to pay its debt. Unlike Greece, Portugal or Ireland - all of which received financial lifelines - Italy has too much debt to be rescued by its European ... |
| | | | ... following a positive finish on Wall Street, which surged into green figures late in the offshore session as signs emerged Greece's nascent unity government would commit to the European Union-International Monetary Fund bailout. But the rally was not ... |
| | | | ... as you'll read later - closed down on the day as traders traded on bleak headlines at the time they were trading. Forget Greece, "For Markets in Europe, the Focus of Fear Moves to Italy," printed the New York Times as "Italy's Surging Bond Yields Set ... |
| | | | ... Europe is of major concern with where the next direction of the market will be." Over the weekend, political leaders in Greece sealed a historic deal to form a national unity government to haul the debt-wracked country, and the eurozone, back from the ... |
| | | | ... minister and his dog literally burned the midnight oil to try and cobble together a comprehensive final solution to save Greece, and by extension, Europe and the world. This was Europe's tit for Papandreou's tat of pushing through more austerity measures ... |
| | | | ... senior European Union officials said Italy's economy would be put under IMF oversight. HONG KONG - Asian markets rose after Greece's prime minister backed away from his controversial plan for a national vote on last week's eurozone rescue package. Investor ... |
| | | | ... market was set to notch up its biggest one-day rise in four weeks at noon amid hopes that a looming confidence vote in Greece will start the country's economic recovery. Global markets also rallied on news of an interest cut by the European Central Bank ... |
| | | | ... looks set to open higher, after Wall Street and most of the European major markets moved more than 1.5 per cent higher on Greece's indication it would not hold a debt bailout package referendum. At 0825 AEDT on Friday, the December share price index ... |
| | | | ... "referendum" gambit. Monsieur Sarkozy and Fraulein Merkel suspended the disbursement of the a,-8 billion rescue tranche until Greece makes up its mind to stay in the Eurozone and comply with its "pledge" to push on with austerity measures. At a joint ... |
| | | | ... market had started positively but subsequently had drifted away. "Markets are divided about whether or not a referendum in Greece is a good idea," he said. "There's an argument on one side that this just delays the process and introduces further risks. ... |
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