| Author (Person) | Hope, Kerin |
|---|---|
| Series Title | Financial Times |
| Series Details | 10.3.10 |
| Publication Date | 10/03/2010 |
| Content Type | News |
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Report of the outcome of meetings held by George Papandreou, Greek prime minister, in the United States on 9 March 2010. He said that leaders of the G20 group of countries will consider a European initiative to crack down on speculative activity in derivatives trading. It was also reported that the Eurpean Commission, Germany, France and other countries were stepping up the pressure for urgent action by the European Union to regulate speculation in sovereign debt markets, in the wake of the Greek debt crisis. FT editorial argues 'Greek profligacy and ill-handled eurozone rules caused the debt crisis, not CDS buyers. The only punishment leaders should consider meting out to them is to ensure that Greece does not default'. |
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| Subject Categories | Business and Industry, Economic and Financial Affairs |
| Countries / Regions | Europe, France, Germany, Greece |
