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Feb 22, 2012

EUROGROUP News, Feb 22, 2012


Greece begrudgingly cedes sovereignty in exchange for bailout funds
Christian Science Monitor
By Robert Marquand, Staff writer / February 22, 2012 Greece's Finance Minister Evangelos Venizelos (l.) and Greece's Prime Minister Lucas Papademos (r.) hold a joint news conference after a Eurogroup meeting in Brussels February 21.
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Christian Science Monitor
Eurozone crisis live: Greece braced for bailout protests
The Guardian
More interesting is whether CDS will be triggered — Christopher Adams (@ChrisAdamsMKTS) February 22, 2012 11.22am: The German government has insisted that it will not support an expansion of Europe's bailout fund, despite growing pressure from other ...
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The Guardian
Greece's Samaras: It's different this time!
ForexLive (blog)
By Jamie Coleman || February 22, 2012 at 16:16 GMT New Democracy Party head Samaras says the second Greek bailout is different than the first. This time Greece won on the Eurogroup decision, he says. The second Greek bailout lacks a growth plan though ...
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FITCH DOWNGRADES GREECE: 'Default Is Highly Likely In The Near Term'
Daily Caller
Greek Finance Minister Evangelos Venizelos talks during a press conference on the Eurogroup results at the ministry in Athens onFebruary 21, 2012. A huge eurozone rescue package agreed to save Greece from default, keeps it in the single currency bloc ...
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Daily Caller
Europe seals new Greek bailout, but doubts remain
The Daily Star
A version of this article appeared in the print edition of The Daily Star on February 22, 2012, on page 1. Greek Finance Minister Evangelos Venizelos ( 2nd L ) flanked by his aides talks during a.
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The Daily Star
Greece's Problems Are Far From Over
Patriot Post
By Arnold Ahlert (Archive) · Wednesday, February 22, 2012 After 13 hours of overnight talks ending Tuesday morning at 5 am, euro zone finance ministers put together the latest rescue package for Greece. "We have reached a far-reaching agreement on ...
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Kitcommentary from Kitco Metals Inc. - "Cheers or Jeers?"
InvestorIdeas.com (press release)
February 22, 2012 (Investorideas.com Mining stocks newswire) Gold and silver prices headed lower this morning while platinum and palladium extended their Tuesday rally with fairly hefty additional gains. Gold retreated towards the $1750 area while ...
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Eurozone ministers squeeze more money into Greek bailout
Monsters and Critics.com
By Alvise Armellini Feb 22, 2012, 6:02 GMT Brussels - Greece was offered a second bailout early Tuesday after eurozone finance ministers found elaborate ways to top up a 130-billion-euro (172-billion-dollar) rescue package that was no longer enough to ...
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Daily Themes 22 February 2012
Coutts
An additional €325m of austerity measures in 2012 to reach the targeted budget deficit. A 22% cut in Greece's minimum wage and further cuts in pensions. With Greece having committed to the Eurogroup's decision ahead of the meeting, there was not much ...
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Bailout deal 'a comprehensive blueprint' for Greek finances
Public Finance
By Nick Mann | 22 February 2012 The €130bn Greek bailout deal agreed yesterday provides a 'comprehensive blueprint' for putting the country's public finances and economy back on a stable footing, according to European Union finance ministers.
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New Greek bailout sealed, but some doubts remain
StarPhoenix
By Annika Breidthardt And Jan Strupczewski, Reuters February 22, 2012Greek Finance Minister Evangelos Venizelos addresses reporters during a news conference in Athens, Greece, on Tuesday after eurozone finance ministers agreed on a 130-billion-euro ...
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Greece debt crisis: Europe seals Greek bailout to avert default
Northern Voices Online
The nine-page confidential report obtained by Reuters read, “Given the risks, the Greek program may thus remain accident-prone, with questions about sustainability hanging over it.” Posted by admin on February 22, 2012. Filed under Business.
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ASE: The GI Falls at 750 Units
Greek Reporter
By A. Papapostolou on February 22, 2012 in Economy, News Athens Stock Exchange recorded “heavy” looses today, while Fitch Ratings has downgraded Greece΄s credit rating to C from CCC Wednesday after confirmation of the second bailout package that...
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Greek Reporter
Moody's Adjusted its Ratings Outlook for 9 European Countries...
Forex Pros
By TFI Markets | Market Overview | Feb 22, 2012 09:28AM GMT The EUR/USD started the week with a high of $1.3282 before selling off to a low of $1.2973 mid week due to a plethora of events. Moody's adjusted its ratings outlook for 9 European countries ...
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What to do if Greece leaves the euro
Investors Chronicle
By Chris Dillow, 22 February 2012 European finance ministers hope that last night's deal to reduce Greece's public debt will keep the country in the single currency. But if they believe that's the case, they're in a minority.
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Oil May Take Center Stage After Greece Agreement
Forex Pros
By Daniel Sckolnik | Commodities | Feb 22, 2012 04:39AM GMT For those of you who haven't had a Playbill handy, the latest revival of the drama known as the Greek sovereign debt crisis played out into the wee hours of Tuesday morning, as euro-zone ...
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EU to stick to tough budget cuts, may consider small leeway
Reuters
The European Commission will release its latest 2012 and 2013 forecasts for the 27-nation bloc on Thursday. Sources believe it will show a steep fall in activity and kick off a new debate among member states about revising agreed targets for this year ...
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Eurogroup Welcomes Agreement On Greek Policy ... - Tax-news.com
Eurogroup Welcomes Agreement On Greek Policy Package. by Ulrika Lomas, Tax-News.com, Brussels. 22 February 2012. The Eurogroup of EU Finance Ministers has issued a statement welcoming the agreement reached with the Greek ...
Tax-News.Com Live Tax Headlines
For what we are... they will be: From the Net: 'Greece: Eurogroup ...
By Maju
Occupy Portland · Police Accountability Continues! Feb. 22nd, 6-8PM - Notice of Upcoming Charter Commission Public Hearing Police Accountability Wednesday, February 222012 TIME: 6:00 p.m. to 8:00 p.m. SUBJECT: PROPOSAL.
For what we are... they will be
Ironies Too: The Killer paragraph of the Eurogroup Greek Statement
By Martin
Wednesday, February 222012. The Killer paragraph of the Eurogroup Greek Statement. The official statement of this week's Eurogroup Meeting concluded in the early hours of Tuesday morning is linked here. The crucial/killer paragraph is as ...
Ironies Too
Eurogroup to hold teleconference on Wednesday - Press Office
The Eurogroup will ultimaterly convene on Wednesday through a ... Posted on Wednesday, February 15, 2012 (Archive on Wednesday, February 22, 2012)...
www.greekembassy.org.uk/.../mid/.../true.aspx?...
Eurogroup meeting - February 2012 Press ... - Tv Newsroom - Europa
The Eurogroup meeting takes plance on 20 February in Brussels. ... Alexandre Marx +32 ...
tvnewsroom.consilium.europa.eu/.../press-conference-part-421...
Eurogroup seals deal on second bailout | Athens News
22 Feb 2012 ... Eurogroup seals deal on second bailout ... hold a joint newsconference after a Eurogroup meeting in Brussels, 21 February 2012 (Reuters) ...
www.athensnews.gr/portal/11/53472
Eurogroup agrees Greek bailout: full statement - Telegraph
Wednesday 22 February 2012 ... The Eurogroup welcomes the agreement reached with the Greek government on a policy package .... Business LatestNews » ...
www.telegraph.co.uk/.../Eurogroup-agrees-Greek-bailout-full-...
Statement by IMF Managing Director Christine Lagarde on the ...
Last update: Wednesday , February 22 , 2012 ... Hot News. IMF and EAC conference in Arusha to discuss deepening economic integration ... of the EuroGroup »BRUSSELS, February 22, 2012 - Ms. Christine Lagarde, Managing Director of ...
aspectediplomatice.ro/index.php?...id...
For what we are... they will be: From the Net: 'Greece: Eurogroup ...
Wednesday, February 22, 2012 ... [The last] Eurogroup meeting in Brussels finally reached a deal and, in the most ..... angry news from around the world ...
forwhatwearetheywillbe.blogspot.com/.../from-net-greece-eur.
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