Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: ggersh who wrote (2276)	4/11/2010 4:07:14 PM
From: GROUND ZERO™	Read Replies (1) of 222218

Euro governments offer Greece euro30 billion backstop By ROBERT WIELAARD, Associated Press Writer Robert Wielaard, Associated Press Writer – 2 hrs 15 mins ago BRUSSELS – Trying again to halt a debt crisis that has hammered the euro, fellow eurozone governments tossed struggling Greece a financial lifeline Sunday, saying they would make euro30 billion in loans available this year alone — if Athens asks for the money. The International Monetary Fund stands ready to chip in another euro10 billion, said Olli Rehn, the EU monetary affairs chief. The promise — filling in details of a March 25 pledge of joint eurozone-IMF help — was another attempt to calm markets that have been selling off Greek bonds in recent days. news.yahoo.com GZ

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