Wednesday, April 28, 2010

E.C.B. Official Warns That Greece May Have to Cut More Deeply

FRANKFURT — As workers in Portugal went on strike against austerity measures and the risk premium on Greek bonds rose to a record level Tuesday, a European Central Bank official warned all euro-zone countries to cut their soaring budget deficits and suggested that Greece may need to impose even harsher measures to bring its debt under control. The central bank vice president, Lucas D....

Link ..... http://tinyurl.com/32zmruq

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