Whose Bailout is it Anyway?
… sector workers – part of a longer-term plan to chop 150000 such employees from the workforce by 2016. In addition, Greeks will suffer a 22% cut to the minimum wage – to 600 euros per month ($ 791) – as well as severe cuts to their pension plans.
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Spain to Test Investor Appetite For Longer-Maturity Debt as Yields Decline
The Spanish Treasury plans to sell as much as 4.5 billion euros ($ 5.8 billion) of notes and bonds maturing in 2016, 2019 and 2022 today after exceeding its maximum targets in bond auctions since Dec. 13. The euro region's fourth-largest economy halved …
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