Deal

Greek prime minister defends bailout dealIn a televised address, Greece's prime minister has defended austerity measures that include painful wage and pension cuts but would ensure the country receives a euro130 billion ($171.6 billion) bailout deal and stave off bankruptcy.Associated Press via Yahoo! News - Feb 11 12:24pm
Hungarian government lawmaker sees IMF deal by May: reportBUDAPEST (Reuters) - Hungary can realistically start formal talks with the European Union and the IMF about a vital funding deal in early March and an agreement can be reached by the middle of the second quarter, a ruling Fidesz party lawmaker said on Saturday. Hungary, at odds with Brussels over a range of legislation which some critics have called a threat to its democracy, needs the financing ...Reuters via Yahoo! News - Feb 11 04:35am
Pimco Says Foreclosure Deal Cheaper for Banks Than PensionsThe government’s deal with banks over their foreclosure practices after 16 months of investigations is cheap for the loan servicers while costly for bond investors including pension funds, according to Pacific Investment Management Co.’s Scott Simon.BusinessWeek - Feb 11 06:39am
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