Merkel says no need to give Greece financial aid – Reuters
 CBC.ca |
Merkel says no need to give Greece financial aid
Reuters BERLIN, March 5 (Reuters) – German Chancellor Angela Merkel said on Friday that the stability of euro zone was not currently at risk from the Greek debt crisis, so direct aid to Athens was unnecessary. Speaking at a joint news conference with Greek … Merkel Says Derivates Use Must Be Curbed After Greece Merkel says Greece has not requested aid: reports Germany's Merkel Is Optimistic Greece Will Not Need Aid |
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Germany rules out immediate aid for Greece – Reuters
 The Guardian |
Germany rules out immediate aid for Greece
Reuters LUXEMBOURG, March 5 (Reuters) – Germany and the chairman of the group of countries using the euro ruled out immediate financial aid for Greece before talks on Friday with Prime Minister George Papandreou. … Bunds Decline Before US Jobs Data; Greek 10-Year Bond Gains Greek prime minister to seek support in meeting with Merkel Greek Unions Call Joint General Strike March 11 – Union |
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Eurogroup’s Juncker does not expect Greece bailout – Reuters
CBC.ca |
Eurogroup's Juncker does not expect Greece bailout
Reuters BERLIN, March 5 (Reuters) – Euro area states will guarantee the currency zone's stability if need be but are unlikely to need to given Greece's own efforts at reform, Eurogroup Chairman Jean-Claude Juncker said on Friday. Juncker, who chairs meetings … Germany wary of footing Greek bill Greece 'Won't Be Left Alone,' Juncker Says, Boosting Papandreou Papandreou and Merkel meet today over Greek debt |
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Greece Needs Support, Not Aid, From Germany -Greek PM – Wall Street Journal
 Times Online |
Greece Needs Support, Not Aid, From Germany -Greek PM
Wall Street Journal ATHENS (Dow Jones)–Greece is not asking for "a penny" from German taxpayers but needs the political support of its partners to confront its current debt crisis, the Greek prime minister said Thursday on the eve of a visit to the German capital Berlin. … US Corporate Credit Risk Index Rises as Greece Issues Bonds EU wary of Greece seeking IMF help Eurozone cheers Greek bond sale |
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No need for euro zone rescue of Greece now-EU exec – Reuters
CBC.ca |
No need for euro zone rescue of Greece now-EU exec
Reuters BRUSSELS, March 4 (Reuters) – The euro zone is ready to act in a coordinated and determined way to safeguard its financial stability but there is no need for such action now, the European Commission said on Thursday. Commission spokesman Amadeu Altafaj … Greek Workers Occupy Ministry; New Walkout Called Papandreou, Cutting Deep, Takes On Father's Legacy Traders Seek Out the Next Greece in an Ailing Europe |
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European Union reacts favorably to $6.5 billion austerity plan from Greece – Washington Post
 Telegraph.co.uk |
European Union reacts favorably to $6.5 billion austerity plan from Greece
Washington Post The Greek government announced its new austerity plan Wednesday, intending to close its budget gap by 4.8 billion euros ($6.5 billion). But pensioners and civil servants have already demonstrated their unhappiness. (March 03) By Associated Press ATHENS … Papandreou, Cutting Deep, Takes On Father's Legacy FOREX-Euro firms as Greece worries ease slightly Euro Trades Near Two-Week High as Greek Cuts Ease Debt Concern |
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FOREX-Euro rises as Greece fear eases; dollar broadly lower – Reuters
 CBC.ca |
FOREX-Euro rises as Greece fear eases; dollar broadly lower
Reuters NEW YORK, March 3 (Reuters) – The euro rose against the dollar on Wednesday after Greece pledged $6.5 billion in pay cuts and tax increases to reduce its deficit, easing worries about the country's debt crisis. … Greek Austerity Plan Praised by EU, Buoys Markets Greek austerity plan eases euro-zone debt crisis fears Austerity steps to ease, not end Greek crisis |
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Greece fiscal steps lift euro; debt premium down – Reuters
CBC.ca |
Greece fiscal steps lift euro; debt premium down
Reuters The share price indicator for Macquarie Group is seen in red on the Australian Stock Exchange (ASX) board in central Sydney February 9, 2010. LONDON (Reuters) – The euro rose and Greek borrowing cost fell to their lowest level since mid-February after … Euro Bounces on Greece Package Euro rises on new Greek austerity measures New Greek spending cuts to lop off $6.5 billion |
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Greece to Outline New Austerity Measures – Wall Street Journal
 Times Online |
Greece to Outline New Austerity Measures
Wall Street Journal ATHENS—The Greek government is expected to outline Wednesday a new austerity package of about €4 billion ($5.42 billion) in an effort to cut its huge budget deficit by four percentage points this year, government officials said Tuesday. … FOREX-Dollar slips broadly, euro firmer on Greece hopes Euro falls to $1.3516 in European morning trade Asia stocks rise on Greece hopes; euro rebounds |
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Greece Hopes to Buoy European Shares – Wall Street Journal
 BBC News (blog) |
Greece Hopes to Buoy European Shares
Wall Street Journal LONDON—European stocks were expected to open higher Monday, following positive sessions in the US and Asia, as investors take heart from reports of a rescue package for Greece. A plan led by Germany and France to bail out the … TREASURIES-Futures dip, eyes on possible Greece aid European Factors — Shares seen higher; Greece eyed Greece urges expatriates to help cut its debt |
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