- Asian stock markets rose Monday, just hours after Greeces parliament approved a new set of austerity measures that were required by international lenders in exchange for an emergency bailout. Japans Nikkei 225 index rose 0.2 percent to 8,963.48. (AP - msnbc.com)
- TOKYO (Reuters) - Japans Nikkei share average advanced on Monday after Greek lawmakers approved a highly unpopular austerity bill in return for a second bailout from the European Union and International Monetary Fund to avoid a chaotic default. (Reuters India)
- Asian stocks climbed after Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure a second debt bailout. Nitto Denko Corp. jumped 3.6 percent in Tokyo after Nomura Holdings Inc. (Bloomberg)
- SINGAPORE (AP) -- Oil prices rose above $99 a barrel Monday in Asia after the Greek parliament approved new austerity measures that should secure a bailout and avoid bankruptcy. Benchmark crude for March delivery was up 58 cents at $99. (Yahoo Finance)
- ATHENS, Greece -- As hooded youths torched shops and battled police in the streets of Athens on Sunday, lawmakers approved a tough austerity package that is expected to help the country avoid default. (San Jose Mercury News)
- Feb. 13 (Bloomberg) -- The yen declined against the euro and other major peers as Greek Prime Minister Lucas Papademos won approval from parliament for austerity measures to secure a second package of aid, damping demand for haven assets. (Businessweek)
- Asia stocks advanced, extending the longest run of weekly gains since 2005, and the euro rose as Greek lawmakers approved austerity plans to secure rescue funds. (Bloomberg)
- Asian shares gained modestly on Monday, relieved by the Greek parliaments passage of austerity measures which put the country a step closer to securing a much-needed bailout fund and avoiding a messy default. (CNBC)
Sunday, February 12, 2012
Austerity
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