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| | | ... Strauss-Khan could hit efforts to tame the eurozone debt crisis, as EU finance ministers met to discuss rescues for Portugal and Greece. While Europe's main indices initially dropped sharply on the news, as the day wore on they recovered somewhat, with ... |
| | | | ... or 0.81 per cent, to 1,337.77, while the tech-rich Nasdaq Composite tumbled 34.57 points, or 1.21 per cent, to 2,828.47. Greece's debt crisis weighed on the equities markets amid speculation that Athens will need an additional bailout. Eurozone and European ... |
| | | | ... or 0.81 per cent, to 1,337.77, while the tech-rich Nasdaq Composite tumbled 34.57 points, or 1.21 per cent, to 2,828.47. Greece's debt crisis weighed on the equities markets amid speculation that Athens will need an additional bailout. Eurozone and European ... |
| | | | ... billion shares. LONDON - European equities traded mixed, while the euro lost ground against the dollar, with concerns over Greece's debt mountain playing against weaker than expected US trade data. London's FTSE 100 index of leading shares lost 0.71 ... |
| | | | ... The European Union, International Monetary Fund and European Central Bank (ECB) began an audit of finances and reforms in Greece to determine whether it merits a critical new slice of funding from a bailout package agreed last year. In Paris, the world's ... |
| | | | ... without that pestering (festering?) crisis in Europe. And no, I'm not talking about the potential restructuring (default) by Greece or Ireland or Portugal, I'm more concerned over the negative impact of the severe fiscal spending retrenchment these countries ... |
| | | | ... US also risks eroding its standing at the core of the global monetary system." So true. We're witnessing these unfold in Greece, Ireland, Portugal and... Dear, oh dear. But look again! It seems not all are taking Standard & Poor's warning to heart. The ... |
| | | | ... fell 2.11 per cent to 7,026.85 points. There were similar losses for other European markets, additionally hit by concerns Greece may have to restructure its debt and as Portugal negotiated what is expected to be very tough bailout package with the EU ... |
| | | | ... old refrain out of Europe. Sovereign bond yields jumped overnight led by none other than the PIGIS (Portugal, Ireland, Greece, Italy, Spain). The trigger? Germany's Finance Minister Wolfgang Schaeuble told his country's Die Welt newspaper that Greece ... |
| | | | ... shares. LONDON - European stock markets closed lower in choppy trade as investors reacted nervously to German comments that Greece might have to restructure its debt, stoking fresh fears over the eurozone. Dealers said an unexpected jump in US new unemployment ... |
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