The Greek government's proposals to slash its massive budget deficit won praise from one of the world's biggest credit rating agencies, but the agency questioned whether Prime Minister George Papandreou can push the plan through.
Greek bond swap talks to resume Wednesday
Talks between the Greek government and its private creditors on a bond swap deal needed to avoid a catastrophic bankruptcy will resume on Wednesday, the investors' representatives said...
Awaiting a Greek Payout
A growing number of investors are loading up on Greek government securities that mature in March, betting on a rescue that would provide them with a huge profit.
EU plans crackdown on rating agencies
The European Union said Tuesday it wants to allow investors to sue credit rating agencies for compensation if they break EU regulations "intentionally or with gross negligence."
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