European debt crisis is quandary
WASHINGTON — Global leaders are at odds over how to rescue Europe from its escalating debt crisis: Focus on economic growth or on budget cuts? The disagreement presents another obstacle to solving the region's financial crisis, and it pits one of the …
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Deficit Focus Questioned as Answer to Euro Crisis
Europe is getting tougher on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro are ready to agree on a treaty that will force member countries to put deficit …
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Jefferies, Cantor Fitzgerald Outlooks Cut to 'Negative' by S&P
28 (Bloomberg) — Jefferies Group Inc. and Cantor Fitzgerald LP had their outlooks lowered to "negative" by Standard & Poor's on the prospect that concern about Europe's debt crisis will weigh on trading and investment banking.
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