Oil advanced from a three-day low after Greece's parliament approved austerity measures needed to secure an international bailout, easing concern that Europe's debt crisis will worsen and curb commodity demand. Futures rose as much as 0.9 percent in
In one of his several appearances on the Sunday talk show circuit, White House budget director Jack Lew expressed how issuing austerity measures would not be a good idea for the U.S. economy. Lew was asked by Meet
Greek PM Lucas Papademos has warned parliament of “uncontrollable economic chaos” if it fails to approve a new austerity bill that will cut 15000 public-sector jobs and lower the minimum wage by 20 per cent.
By Harry Papachristou and Yannis Behrakis | ATHENS (Reuters) – Greece's parliament approved a deeply unpopular austerity bill Monday to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence
By Harry Papachristou and Yannis Behrakis | ATHENS (Reuters) – The Greek parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence
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