Spreadex Market Update
Markets still waiting for Greek Swap deal
Along with this Italy is bidding for the EU Bailout fund to double, we have German and French bill auctions today and Croatia is voting whether to join the EU.
So it is safe to say that all eyes will be on Europe today. Private owners of Greek debt have made their decision for the maximum losses they are prepared to take on their Greek debt , suggesting further demands could cause this voluntary deal to fall on its head.
Research in motion shakes up its board by letting their chairmen and chief executives step aside, the aim being for new heads to bring some new ideas as it faces dwindling sales as it is faced with ever increasing competition from other smart phone makers.
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