Topic: Financial Markets
Wall Street
AP News
EU backs Greece not to need last-resort rescue
AFP Global Edition
Europe insisted Tuesday that a contingency plan to save Greece from bankruptcy with emergency loans was only prudent foresight and unlikely to be enacted, as Athens pushed for concrete details. As the eurozone tackled a government debt crisis that has exposed deep divisions, European Union partners made it clear that ...
EU backs Greek austerity as standby aid readied
Reuters US Online Report World News
BRUSSELS (Reuters) - EU finance ministers backed plans on Tuesday by countries in the euro area to help debt-stricken Greece financially if it becomes the first state in 11 years of monetary union to seek such aid. "It will be decided by the European Council (of EU leaders) when the time ...
Developers Diversified to use offering to pay debt
AP News
Developers Diversified prices $300 million public offering of senior notesDevelopers Diversified Realty Corp., a real estate investment trust, said Tuesday it plans to use about $300 million from a public offering of senior notes to repay debt. The shopping center owner said the underwritten public offering of 7.5 percent ...
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