Profit

'Greece to miss deficit goal is negative for markets'

PUBLISHED ON: October 3, 2011 | Duration: 2 min, 13 sec

  
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Greece will miss its deficit reduction targets this year and next despite deep spending cuts and tax rises that have provoked protests and strikes on the streets of Athens. Joshua Raymond, chief market strategist at City Index, says this is a big negative and will add to uncertainty in markets.
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