Spain’s New Labor Reforms

Published on June 17, 2010 by Technology Slice

Although the government does not yet have sufficient political backing to get the decree ratified by parliament on June 22, analysts say its passage — even if via abstention of enough parties — is practically assured because everyone understands its importance.

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Posted in World

Greece Agrees to $30 Billion Deal

Published on May 3, 2010 by Technology Slice

Greece Agrees to $30 Billion Deal – Greece has agreed a package of austerity measures under which it aims to cut its budget deficit by 30 billion euros over three years on top of measures already agreed, Finance Minister George Papaconstantinou said on Sunday. Under the deal with the European Union and International Monetary Fund [...]

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Posted in Money, Politics

Greek Debt Costs Soar

Published on April 23, 2010 by Technology Slice

Greek Debt Costs Soar – Greece started talks to hammer out details of a potential European and International Monetary Fund aid deal on Wednesday but investors dumped Greek assets and the package faced heated resistance at home and abroad. Struggling to convince markets that Greece can slash its budget deficit and avoid default, the socialist [...]

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Posted in Money

Beige Book Economy

Published on March 4, 2010 by Technology Slice

Beige Book Economy – A cautious note from the Federal Reserve led stocks to give up morning gains and close nearly flat Wednesday as investors looked ahead to employment data for guidance on the economy. The U.S. central bank’s Beige Book, a collection of anecdotal economic commentary from regional branches, showed the economy growing at [...]

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Posted in Money

Unemployment Extension March 2010

Published on March 3, 2010 by Technology Slice

Unemployment Extension March 2010 – Susan in Sarasota, Fla., says she may lose her house when, after Sen. Jim Bunning blocked a vote on extending unemployment benefits, her unemployment benefits run out. Skip to next paragraph “Imagine what I have to say daily to my six-year-old to explain why mommy and daddy are so sad [...]

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Posted in Money

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