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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US stocks appear to be headed for a lower open

Thursday, 14 April 2011 04:07

US stocks appear to be headed for a lower open ahead of reports on unemployment claims and inflation also the continuing EU debt worries.

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IMF Euroland warning

Wednesday, 13 April 2011 09:46

The 187-nation IMF warned of a looming funding challenge for both banks and countries struggling with sovereign debt problems.

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European stocks gained in todays session

Wednesday, 13 April 2011 08:19

European stocks gained in todays session as the region’s factory output rose and JPMorgan Chase & Co. reported record profit. The Stoxx 600 Europe Index rose 0.7 % to 278.25 the biggest gain since April 1.

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Is Portugal Next?

Wednesday, 13 April 2011 07:12

Former Portuguese PM has outlined a aid package to Portugal of over 80 billion euros, but it will only be paid after a June 5th election.

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