European shares rally as Greece drops calls for debt write-off
Greek retreat may shift attention to Tsipras's desire to increase spending and roll back austerity
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
EUROPEAN shares rallied and yields on eurozone government bonds tumbled on Tuesday after the new Greek government dropped calls for a write-off of its foreign debt.
The new Greek government, led by the left-wing Syriza party that won elections just over a week ago, on Monday ditched calls for a write-off of foreign debt and proposed ending a standoff with its official creditors by swapping the debt for new growth-linked bonds.
Share with us your feedback on BT's products and services
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
