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Wednesday, June 12, 2013

Sign of the times UAE and Qatar to outweight Greece on MSCI index

Greece will become part of the MSCI Emerging Markets Index after failing to qualify for the criteria of a "developed market" in the wake of the country's economic collapse. MSCI said that Greece, which had been upgraded to "developed" status in May 2001 after the creation of the euro, would be relegated in its index review this November. "The minimum standards that ...

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