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global economy, greece debt
(Image from article: "Greece to miss deficit targets despite austerity")

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Dow Opens Above 11000

Dow Opens Above 11000

U.S. stocks rose as optimism rose over the upcoming earnings season and confidence in the global economy strengthened after European leaders pledged to extend aid to Greece.

 

Euro-Zone Nations Offer $40 Billion to Greece

Euro-Zone Nations Offer $40 Billion to Greece

Euro-zone finance ministers unanimously approved a detailed emergency aid mechanism for Greece but stressed that the country had not yet requested a bailout.

 

Greece must make more cuts, size not yet clear: EU

BRUSSELS (Reuters) - Greece must take additional measures to reach its deficit-cut target of 4 percent of GDP in 2010 but it is not yet clear how far short Athens is with steps announced so far, the European Commission said on Tuesday.

 

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