Wednesday 30 November 2011

Deal by Fed eases Europe credit fears

Europe's worsening debt crisis has been a source of mounting fear and frustration for U.S. government officials and the biggest single threat to the struggling American economic recovery. On Wednesday, policymakers found an opening to act, with the Federal Reserve coordinating a move by six central ...


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  • Merkel backdown eases Greek default fears


  • German Chancellor Angela Merkel appeared on Friday to give ground on her demands for private involvement in a new Greek rescue following talks in Berlin with French President ...

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