BRUSSELS: Negotiators reached an outline deal on Thursday on a European pact to restore balanced budgets and Greece voiced hope it would secure a private debt write-down, as Italy and Spain sailed through their first bond auctions of the year.
Signs of mini-breakthroughs on big issues exercising European Union (EU) leaders in the run-up to their latest crisis summit set for Jan 29 should help alleviate some of the concern swirling around debt and currency markets.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!