Posts Tagged ‘trillion-rescue’
Stocks Pull Back after Excitement Over Euro Fades
Submitted by SmallCapVoice.com Excitement over the European Union’s nearly $1 trillion rescue program to support debt-burdened countries faded, even as Germany approved its share of the bailout. The European bailout provided assurances that the euro would remain intact and countries would have access to loans. But heavily indebted nations like Greece still have to significantly scale back Read the rest of this entry »
Stocks Surge on Global Effort to Ease European Debt Crunch
Submitted by SmallCapVoice.com Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal Reserve said it would also provide loans overseas. The 16 countries that use the euro and the International Monetary Fund have agreed to create a nearly $1 trillion rescue Read the rest of this entry »