Papademos postpones his meeting with Greek parties

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Source: Bloomberg
Greek PM Lucas Papademos decided to postpone the meeting with leaders of Greece's three main political parties for the second time in few days. Instead Papademos prepares to meet so called Troika or ECB, IMF and European Comission to finalize details of measures required to receive EUR 130 billion bailout package. 

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Wed, 08 Feb 2012 10:07:27 GMT

German yields climb on Greek debt swap agreement optimism

Borrowing costs on German government notes surged, sending 10-year yields to 2-week record high as investors became more optimistic about soon resolution of Greek debt crisis. The yield on German 10-year bill soared 0.08 percentage points to 1.96%, while the borrowing costs for 2-year notes gained 4 basis points to 0.22%. 

Wed, 08 Feb 2012 10:33:51 GMT

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