Saturday, June 30, 2012

Euro crisis bailout

  • Spanish and Italian notes rose for a second week as euro-area leaders expanded steps to stem the "The deal on non-seniority for Spanish bailout loans is also a nod in the right direction.
  • (Bloomberg)
  • The German parliament passed the euro zones bailout and new budget rules with a two-thirds that we are overcoming the European debt crisis in a sustainable way," said Chancellor Angela Merkel.
  • (Daily Beast)
  • While the long euro crisis has been centered on excessive government debt by a property bubble that burst.
  • (New York Times)
  • BRUSSELS — Europe's leaders finally rose to the challenge of a debt crisis plans to: — Bail out banks, without putting any financial burden on strapped governments.
  • (Worcester Telegram & Gazette)

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