Euro Zone Bailout
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More Than Half of Germans Think Planned Greek Deal Is Bad: Poll
More than half of Germans think the planned deal with Greece is bad and many would have preferred that the crisis-stricken country left the euro zone rather than getting the chance for further aid, according to an opinion poll.
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Wall Street rises on hopes for Cyprus deal, ends down for week
The S&P 500 ended the week down 0.2 per cent, which was just its second weekly decline of the year, as investors were alarmed that Europe's debt crisis would again roil markets over Cyprus' financial troubles.
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Asian shares, euro under pressure from growth, Cyprus worries
The MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 per cent, weighed by a 0.3 per cent drop in Australian shares with worries about the stability of the Australian government after a leadership crisis hurting sentiment.
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Cyprus works on tax levy deal to get bailout approved
Cyprus's government was working on a proposal to soften the blow of a bank deposit levy on smaller savers ahead of a parliament vote on Monday on the measure central to a euro zone bailout designed to avert bankruptcy.
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Eurozone debt: German court clears the way for "500 bn bailout fund
The court said one condition for allowing ratification was that any increase in German liability beyond "190 billion must first be approved by the Bundestag lower house of parliament.
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More Than Half of Germans Think Planned Greek Deal Is Bad: Poll
More than half of Germans think the planned deal with Greece is bad and many would have preferred that the crisis-stricken country left the euro zone rather than getting the chance for further aid, according to an opinion poll.
-
Wall Street rises on hopes for Cyprus deal, ends down for week
The S&P 500 ended the week down 0.2 per cent, which was just its second weekly decline of the year, as investors were alarmed that Europe's debt crisis would again roil markets over Cyprus' financial troubles.
-
Asian shares, euro under pressure from growth, Cyprus worries
The MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 per cent, weighed by a 0.3 per cent drop in Australian shares with worries about the stability of the Australian government after a leadership crisis hurting sentiment.
-
Cyprus works on tax levy deal to get bailout approved
Cyprus's government was working on a proposal to soften the blow of a bank deposit levy on smaller savers ahead of a parliament vote on Monday on the measure central to a euro zone bailout designed to avert bankruptcy.
-
Eurozone debt: German court clears the way for "500 bn bailout fund
The court said one condition for allowing ratification was that any increase in German liability beyond "190 billion must first be approved by the Bundestag lower house of parliament.
