Posts Tagged Precipice


Greek vote pulls Cyprus from precipice – for now

NICOSIA (Reuters) – Greece’s election has pulled its smaller neighbour Cyprus back from the precipice – for now – but Nicosia still has urgent work to do to rescue its banking sector if it is to avoid becoming the next casualty of the euro zone crisis. The relief of Cyprus officials was palpable on Sunday [...]

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Without Short Term Stimulus Global Economy Will Go Over The Precipice

Michael Greenberger: Lack of capital for productive investment starving global economy

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