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Thursday, February 9, 2012

Greece faces auditor verdict, fresh aid at stake

Posted by Reuters: Business News on September 28, 2011

ATHENS (Reuters) – International auditors return to Athens on Thursday to deliver a verdict on whether Greece’s tougher austerity measures qualify for aid to avert a default that would plunge the country into bankruptcy.



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Lenders press Greece to shrink state and avoid default

Posted by Reuters: Business News on September 20, 2011

ATHENS (Reuters) – International lenders told Greece on Monday it must shrink its public sector to avoid running out of money within weeks, as investors spooked by political setbacks in Europe dumped risky euro zone assets.



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Greece must shrink state to avoid default: lenders

Posted by Reuters: Business News on September 19, 2011

ATHENS (Reuters) – International lenders told Greece on Monday it must shrink its public sector and improve tax collection to avoid default within weeks as investors spooked by political setbacks in Europe dumped risky euro zone assets.



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Greece must shrink state to avoid default: lenders

Posted by Reuters: Business News on

ATHENS (Reuters) – International lenders told Greece on Monday it must shrink its public sector and improve tax collection to avoid default within weeks as investors spooked by political setbacks in Europe dumped risky euro zone assets.



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International alarm over euro zone crisis grows

Posted by Reuters: Business News on September 13, 2011

BERLIN/ROME (Reuters) – International alarm over Europe’s debt crisis reached new heights on Tuesday, with U.S. President Barack Obama pressing the bloc’s big countries to show leadership as talk of a Greek default escalated and markets heaped pressure on Italy.



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IBM profit rises as revenue grows 12 percent

Posted by Reuters: Business News on July 18, 2011

BOSTON (Reuters) – International Business Machines Corp’s quarterly profit rose 8 percent from a year earlier, buoyed by strong growth in sales of its computers and software.



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New Greek aid package awaits private sector buy-in

Posted by Reuters: Business News on July 8, 2011

ROME/FRANKFURT (Reuters) – International bankers and European Union officials made no progress on Thursday in securing a private sector contribution for a second bailout of Greece and bond yields climbed on concern about the scheme.



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Bankers struggle to agree role in Greek aid package

Posted by Reuters: Business News on July 7, 2011

ROME/MADRID (Reuters) – International financiers and European Union officials failed to make progress on Thursday in securing a private sector contribution to a second bailout of Greece, as bond yields continued to climb because of concern about the scheme.



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Banks struggle to agree Greek aid plan in Rome talks

Posted by Reuters: Business News on

ROME (Reuters) – International banks, under pressure from European governments to roll over their holdings of Greek debt, tried again to come up with a joint rescue plan on Thursday after talks over a French proposal fell apart.



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Banks meet IIF in Rome for Greece talks: source

Posted by Reuters: Business News on

ROME (Reuters) – International banks will hold a further round of talks on Thursday aimed at finding a way to contribute to Greece’s second debt bailout after an earlier French plan ran aground.



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