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Last updated: 08:18:53 Wednesday Dec 23, 2009


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  • Greek parliament to adopt 2010 crisis budget
    ATHENS (AFP) - Greece's parliament is set to adopt a crisis budget late on Wednesday aimed at bringing order to the debt-hit country's chaotic public finances and restore its badly dented credibility abroad.   Nations:Greece   Activities:Global Financial Crisis   Source:(AFP)   2009-12-23

    Greek markets rally after mild credit rating cut
    ATHENS (AFP) - The Greek government breathed a sigh of relief Tuesday after Moody's announced a milder-than-feared credit downgrade on the country's huge sovereign debt, sparking a stock market rally.   Nations:Greece   Source:(AFP)   2009-12-22

    Credit downgrade deals fresh blow to Greek economy
    ATHENS (AFP) - Greek trade unionists take to the streets Thursday in a show of force against austerity measures, one day after the government's plans to tame spiralling debt suffered a blow from a fresh credit rating downgrade.   Nations:Greece   Source:(AFP)   2009-12-16

    Bernanke sees tighter policies as economy heals
    WASHINGTON (Reuters) - The U.S. Federal Reserve must continue measures to prop up the economy for an extended period but can't do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke warned on Thursday.   Nations:Australia   People:Ben Bernanke Christopher Dodd   Activities:2008 U.S. Recession   2009-10-08

    Bank of England maintains record-low interest rate
    LONDON (AFP) - The Bank of England kept its key interest rate at a record low 0.5 percent on Thursday and held to credit-easing plans while waiting to see if the economy builds on signs of recovery from recession.   Nations:Australia Turkey   Source:(AFP)   2009-10-08

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