Overvalued House Prices to Stay

Published on December 16, 2010 by Technology Slice

Overvalued House Prices to Stay – House prices could be overvalued by as much as 10 per cent, but strong population growth and rising income will continue to underpin the market, an international report says. A staff analysis by the International Monetary Fund (IMF) has found a link between episodes when Australia has a strong [...]

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Posted in General

1$ Billion in Aid Approved By The European Union

Published on May 10, 2010 by Technology Slice

1$ Billion in Aid Approved By The European Union – Europe has agreed a package of crisis aid for troubled eurozone countries totaling “more than 500 billion euros,” ($718 million) which will be topped up by the International Monetary Fund (IMF), a European Union diplomat told AFP. The fund would be made up of €440 [...]

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Posted in Money

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

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