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Monday, December 3, 2012

Greece Saved, but at What Cost?


Wall Street Journal (blog)

Greece Saved, but at What Cost?
Wall Street Journal (blog)
But what some fail to see is that any deal which shores up Greece does so at the expense of making the country's multinational backers, and ultimately the guarantor of last resort, Germany, more vulnerable. The market has a money-for-nothing feel about it.
Europe open: Greece and Merkel push stocks higherShareCast
European stocks extend gains on Greece optimism; Dax up 0.77%Forex Pros
EUR/USD: Euro Gained After Germany Approved A €44 Billion Aid For GreeceAction Forex

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