Euro-area leaders said yesterday bondholders will take 50 percent losses on Greek debt and the European Financial Stability Facility, the region's rescue fund, will grow to 1 trillion euros ($1.4 trillion), responding to global pressure to step up the fight against the sovereign debt crisis.
Raymond Clough dnomyar34@raymondclough.com
Bloomberg - 10 minutes ago Oct. 28 (Bloomberg) -- William de Vijlder, chief investment officer of BNP Paribas Investment Partners, discusses risk appetite after this week's European crisis summit and his investment strategy. |
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