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World Stocks, Crude Prices Fall After Europe Delays Greek Decision

Posted By admin On June 20, 2011 @ 8:04 am In World News | Comments Disabled

Reuters [1]
June 20, 2011

World stocks, the euro and crude prices fell on Monday and bond yields in heavily indebted euro zone countries jumped after the region’s finance ministers delayed a final decision on extending emergency loans to Greece.

Yields on safer U.S. Treasuries and German Bunds slipped and gold prices held steady at above $1,530 an ounce.

Euro zone finance ministers have postponed a final decision on extending a further 12 billion euros in emergency loans to Greece, ratcheting up pressure on Athens to first impose harsh austerity measures.

They said they expected the money, the next tranche in last year’s 110 billion euro bailout package extended by the European Union and the International Monetary Fund, to be paid by mid-July.

Full article here [1]

World Stocks, Crude Prices Fall After Europe Delays Greek Decision  030511banner3 [2]

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URLs in this post:

[1] Reuters: http://www.huffingtonpost.com/2011/06/20/greece-markets-loans-stocks-prices_n_880209.html

[2] Image: http://www.stansberryresearch.com/pro/1103PSIEOAVD/PPSIM375/PR

[3] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[4] Nigel Farage: Mass anger could trigger Euro’s Greek Spring: http://www.prisonplanet.com/nigel-farage-mass-anger-could-trigger-euros-greek-spring.html

[5] Europe considers Greek default, leaders to meet: http://www.prisonplanet.com/europe-considers-greek-default-leaders-to-meet.html

[6] Europe clears urgent aid to save Greece from default: http://www.prisonplanet.com/europe-clears-urgent-aid-to-save-greece-from-default.html

[7] Euro zone agrees bailout for Greece: http://www.prisonplanet.com/euro-zone-agrees-bailout-for-greece.html

[8] Riot police guard Greek assembly as protesters gather: http://www.prisonplanet.com/riot-police-guard-greek-assembly-as-protesters-gather.html

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