austerity

Daily Forex News - Greece Bond Yield

Greece's One-Year Bond Yield Rose To 528% On Tuesday, 527.9% above Germany's

It’s extremely difficult to sum up what’s happened recently without being open mouthed. There comes a time when you begin to run out of adverbs and adjectives to either understand or explain the overall global economic situation. On the day when Greece’s one year bond yield reaches 528% the ASE, the Athens Stock Exchange index,

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Forex Market Commentaries - Italian PM Warns Of Protests

Italian Technocrat Fears Uprisings And Protests In Italy

Italian Technocrat Fears Uprisings And Protests In Italy Once Austerity Measures Begin To Bite Unelected technocratic Italian Prime Minister Mario Monti has made a plea for more “help” before convening talks in Berlin with German Chancellor Angela Merkel today, warning that his austerity measures could trigger anti-European protests in Italy without signs of progress. Monti

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Forex Market Commentaries - When Doves Cry

When Doves Cry

“Elsa Fornero in Lacrime” was the short headline in many Italian newspapers and online publications this morning. As the scope and damage of the new austerity autocracy was finally revealed by the unelected technocrats in Italy on Sunday evening a minister was left in tears. Now powerless to stop the relentless invisible hand of the

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