Wednesday, February 8, 2012

Greece Sold More Debt Than it Targeted, German Industrial Output Falls Unexpectedly In December

News from Greek debt crisisi, Greece Debt Sale Exceeds Target, Yield Falls, Greece sold more debt than it targeted at an auction on Tuesday and at lower cost, even as talks regarding a write down of the country's debt continue. The data detail from the debt agency PDMA placed EUR 812.5 million of 26-week Treasury bills against the auction target of EUR 625 million. The sale attracted bids totaling EUR 1.701 billion. We hope Greek debt crisis get wealth sooner

Economic news from Eurozone leader Germany, we reported German Industrial Output Falls Unexpectedly In December, German industrial production declined in December at the sharpest pace since 2009 with widespread decreases across sectors, posing a serious blow to hopes of recovery. Slowly but sure all hopes stay in faith

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