Standard & Poor’s downgraded its credit outlook for the United States

Monday, 18 April 2011 07:31

Standard & Poor’s downgraded its credit outlook for the United States mainly due to congress not reaching an agreement on the budget deficit which has taken almost 200 points off the Dow at time of writing.

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Restructure of Greek debt ?

Monday, 18 April 2011 04:31

German sources have indicated today that a restructure of Greek debt will likely occur before the end of summer

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Euro drops, Finland and Oil

Monday, 18 April 2011 11:52

The euro hit a 10-day low against the dollar on concerns about Greek restructuring and the Portuguese bailout.

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The Euro fell in Asian trading

Monday, 18 April 2011 07:12

The Euro fell in Asian trading against the dollar on further concerns Greece may be unable to avoid a default even after officials said debt restructuring are not being discussed.

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Greece plans asset sales and budget measures

Friday, 15 April 2011 07:33

Greece plans to carry out 76 billion euros in budget measures and asset sales to meet budget deficit goals. Greece will enact 26 billion euros in deficit cuts and 50 billion euros in asset sales through 2015.

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