While you were sleeping: EU spurs Greeks to move fast

Tue, 19 Jun 2012

By Margreet Dietz June 20 (BusinessDesk) - Expectations that the US Federal Reserve will announce measures tomorrow to prop up the flagging expansion bolstered Wall Street. Also helping the mood were indications that the European Union is motivating Greek parties to form a new government by promising to renegotiate the terms of the nation’s second bailout package in an effort to help revive its moribund economy. As Fed policy makers began a two-day meeting today, data showed that demand for labour in the world’s largest economy is sagging. U...

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