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By Neal Armstrong, Bloomberg |
December 11, 2012
Italian government bonds rose, reversing an earlier decline, as concern that Prime Minister Mario Monti’s resignation would derail the nation’s attempts to cut its debt load eased.
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By Elisa Martinuzzi, Gabi Thesing and Alan Katz |
November 27, 2012
A court will decide tomorrow whether the European Central Bank should release files on how Greece used derivatives to hide its debt.
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By Austin Kiddle |
November 23, 2012
The U.S. Comex gold futures rebounded 0.34% in the past two days, ending at $1,729.50 on Thursday. The S&P 500 index went up 0.23% on Wednesday, before the U.S. Thanksgiving holiday.
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By James G. Neuger and Stephanie Bodoni, Bloomberg |
October 8, 2012
European governments set up a full-time 500 billion-euro ($648 billion) fund to aid debt-swamped countries and, not for the first time in the three-year crisis, expressed confidence that the financial muscle won’t be needed anytime soon.
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By Matthew Brockett and Stefan Riecher, Bloomberg |
October 4, 2012
European Central Bank President Mario Draghi said the bank is ready to start buying government bonds as soon as the necessary conditions are fulfilled by any countries needing assistance.
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By Rainer Buergin, Bloomberg |
August 27, 2012
Germany and France agreed to drive ahead measures on closer European integration in a renewed show of unity by the region’s two biggest economies to fix the crisis in the Eurozone.
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By Rainer Buergin, Bloomberg |
August 17, 2012
Chancellor Angela Merkel is considering easing Greece’s bailout terms, fanning tensions with members of her coalition who oppose giving the Greek government any more concessions, two German lawmakers said.
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By Keith Jenkins and Emma Charlton |
June 17, 2012
The euro strengthened as official projections showed Greece’s two largest pro-bailout parties winning enough seats to forge a parliamentary majority.
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By Greenwich Associates |
May 30, 2012
A study shows that the global forex market could absorb the additional volatility and stress from a Greek-fueled breakup of the euro.
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By Rita Nazareth, Bloomberg |
May 30, 2012
U.S. stock futures fell, putting the Standard & Poor’s 500 Index on pace for its worst month since September, on concern Greece will leave the euro while Spain’s default risk hit a record as it struggles to recapitalize banks.