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By Marlene Y. Satter, AdvisorOne |
September 28, 2012
Monti said conditions should be limited to those already imposed on the countries working to control their finances.
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By Marlene Y. Satter, AdvisorOne |
June 20, 2012
On Wednesday Greece managed to agree in principle to form a conservative coalition government, with three pro-bailout parties agreeing to cooperate and giving the coalition a majority of 179 seats.
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By Marlene Y. Satter, AdvisorOne |
May 21, 2012
Greece should remain in the eurozone despite its financial woes, according to a communique issued by the G8 gathering at Camp David during the weekend.
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By Marlene Y. Satter, AdvisorOne |
October 31, 2011
Ahead of a meeting of the G20 scheduled for Thursday and Friday in Cannes, France, euro one leaders seeking funding for an expansion of the European Financial Stability Facility found it difficult to pry cash out of G20 nations as policymakers press for details of the plan.
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By Marlene Y. Satter, AdvisorOne |
October 20, 2011
Dissension over Greece's second bailout is dividing the bodies that make up the troika, the so-called joint commission of the International Monetary Fund, the European Union and the European Central Bank.
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By Marlene Y. Satter, AdvisorOne |
October 11, 2011
A debt crisis summit meeting of European leaders scheduled for October 18 was pushed back to October 23 amid a disagreement about the amount of Greek debt to be written down.
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By Marlene Y. Satter, AdvisorOne |
September 16, 2011
Billionaire investor George Soros on Thursday told European officials that the time for postponing substantive action on the euro zone debt crisis is over—otherwise they risk the launch of another Great Depression.
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By Marlene Y. Satter, AdvisorOne |
July 18, 2011
As pressure mounted to come up with a solution to the Greek debt crisis, German Chancellor Angela Merkel called for private investors to kick in. Strategies being discussed include several options, such as a repurchase of bonds or a swap in which they are exchanged for cuts in face value.
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By Marlene Y. Satter, AdvisorOne |
July 11, 2011
Concerns mount over third largest economy in euro zone's sovereign debt while Greece still totters.
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By Marlene Y. Satter, AdvisorOne |
November 21, 2010
After two days of meetings in Lisbon that began with NATO and included the EU, President Barack Obama covered a lot of ground and termed the meetings "extremely productive."