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Archive for 'Portugal'

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Three Dead In Athens; Bad Vibes On Bourses …

  • May 6th, 2010
  • Posted by EUEditor

athens-parliament.jpgProtests against austerity measures ordered by the European Union and IMF have led to three people killed in a fire-bomb attack, in Athens; as share prices fall over the European debt crisis — Australian mining stocks also under pressure facing the new resources tax. … Read More »

EU Summit: “In Greeks We Trust”

  • March 28th, 2010
  • Posted by EUEditor

europ-council-26310-reduced.jpgEuropean Heads of Government meeting in Brussels (25-26.3.10) have approved a stand-by formula to support efforts by Greece to handle its debt crisis, involving both the IMF and EU member states. … Read More »

Greece, Germany, Brussels …Bickering Over Budgets …

  • March 18th, 2010
  • Posted by 7thmin

eu-symbol-coins.jpgCOMMENTARY: European financial markets moved tentatively upward early in the week after EU Finance Ministers agreed on making money available to Greece on friendlier terms, subject to it following agreed policy settings.

German authorities continued to insist there’d be no money for nothing; others began to suggest though the problem might be something to do with large scale exporters, (like guess-where), continuing to sell to customers with little money;  while the European Commission declared several more governments needed to trim their deficits severely. … Read More »

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