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- Submitted Jun 19, 2011|From reuters.com|1 comment
Europe risks wasting more money for nothing if it keeps pumping billions into the ailing Greek economy, the head of Pimco, the world's largest bond fund, said in an interview published on Sunday. "After a year, every indicator has unfortunately ...
- Submitted Jun 10, 2011|From reuters.com
Tiny Cyprus may become the next trouble spot in the euro zone's debt crisis, as credit rating agencies downgrade it because of exposure to Greece and rising yields suggest investor demand for its bonds is shrinking. Cyprus does not face any ...