Euro gains on Greece’s bailout plan |
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The 16-nation currency gained severely against the Dollar as E.U finance ministers drafted a blueprint to aid Greece with its ballooning deficit, in addition news from the Standard & Poor’s of affirming Greece’s credit rating at BBB+ despite its debt issues while downgrading the country from “creditwatch Negative”, where it stated that the country’s budget cuts that was passed by Greece’s government “was the appropriate thing to do”, thus investors turned into Greek Bonds along with the
Filed under: Fundamental
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