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1. Ray of Optimism Shine on Europe.

Author

Shah, Neil and Gongloff, Mark

Subjects
*FINANCIAL crises, *PUBLIC debts, *EURO, *GOVERNMENT securities
Abstract

The article discusses signs that concerns about a financial crisis in Europe have begun to ease. Several indebted nations including Spain and Greece have seen their borrowing costs decline. The gap between interest paid on Greek and German sovereign debt has narrowed, and the euro has gained against the U.S. dollar.

Published
2010

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