Tag Archive: Sovereign Debt in Europe

Jun 18 2012

For EU, a Relief Without a Respite

In Europe, and in financial markets globally, officials braced yesterday for a crash that was ultimately averted. After weeks of uncertainty, Greek voters gave a plurality majority to the pro-EU bailout New Democracy party.  Today, New Democracy will seek out coalition partners to gain a majority in Parliament, and renew efforts to stabilize Greece’s economy within …

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