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Tag Archives: EU
Greek strikers march on parliament against cuts
ATHENS, May 20 (Reuters) – Thousands of striking Greeks marched on parliament on Thursday, in a test of the government’s resolve to implement tough austerity measures demanded by the EU and IMF to drag Greece out of its debt crisis. The strength of the march will indicate whether anger against the government’s wage cuts, tax [...]
Posted in Bond Markets, Business, Greece, Solid Principles
Tagged as: EU, Greece, Greek Debt Crisis, IMF, Reuters
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Greece Agrees to New Austerity Moves
ATHENS—Greece has agreed with the International Monetary Fund and the European Union to take additional austerity measures expected to yield “around €23 billion” ($30 billion) as a precondition for financial assistance, a Greek official familiar with the talks on aid said. “We have basically agreed, and as it stands now announcements will come during the [...]
Posted in Bond Markets, Business, Greece, Solid Principles, Wall Street, Wall Street Journal
Tagged as: EU, European Central Bank, European Commission, Greece, Greek Debt Crisis, IMF
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Greek bonds plunge on continued debt worries
Officials deny seeking IMF bypass; Germany at odds over borrowing costs: reports By: William Watts LONDON (MarketWatch) – Greek government bonds fell sharply Tuesday amid renewed worries over the details of a standby aid program approved last month by euro-zone leaders. The euro also came under heavy pressure, sinking 0.8% versus the dollar to $1.3379 and [...]
Posted in Bond Markets, Business, Solid Principles
Tagged as: Bond Market, Dow Jones Newswires, EU, Euro Zone, Germany, Government Bonds, Greece, IMF, PM George Papandreou
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