Slow ahead for euro rates business

christophe-mianne

At one point in May, things were looking pretty shaky for the eurozone. The debt crisis in Greece had spiralled, and several other nations within Europe – specifically Portugal, Ireland, Italy and Spain – were under growing pressure. A €750 billion emergency loan package agreed by the European Union and the International Monetary Fund on May 9, designed to prevent a sovereign debt crisis spreading across Europe, gave markets some breathing room. But concerns about the future of the euro, and the

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