Thursday, March 8, 2012

Greek Debt Crisis Latest Update, Greece Inches Closer to €206 Billion Debt Deal

Great days friends all fundamentalist forex traders,some news from Greek update, Greek deal will buy time but hard work lies ahead, For all its complexity, Greece has structured this deal so that it is likely to be reasonably successful

U.K. Prime Minister David Cameron criticises EU insurance shake-up, Move comes as industry steps up lobbying, and Prudential threatens to move its headquarters overseas over the proposed 'Solvency II' rules, great movement

Meanwhile Poland warns EU on climate policy, Warsawa fears for economy's future as it seeks to thwart a campaign to deepen the bloc's cuts in greenhouse gas emissions linked to climate change,because this issue is more sharp years by years

From Athens we updated, Greece's private creditors are the lucky ones, Official creditors will suffer most of the huge additional losses that remain likely on Greece's still unsustainable debt, writes Nouriel Roubini the Greek debt crisis enthusiast

Athens debt deal latest update, Greece inches closer to €206 billion debt deal, Private-sector bondholders representing almost 40% of securities agree to exchange bonds for instruments that will give them losses of about 75%

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