{"id":14628,"date":"2010-03-19T08:01:39","date_gmt":"2010-03-19T12:01:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14628"},"modified":"2010-03-19T08:01:39","modified_gmt":"2010-03-19T12:01:39","slug":"markets-spooked-as-greek-rescue-plan-crumbles","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2010\/markets-spooked-as-greek-rescue-plan-crumbles.html","title":{"rendered":"Markets spooked as Greek rescue plan crumbles"},"content":{"rendered":"<p>Telegraph &#8211; The inability of the eurozone to put together a viable package after a  month    of talks has dismayed markets, which thought the terms of a deal had  already    been agreed. Yields on 10-year Greek bonds spiked 17 basis points  yesterday    to 6.26pc. The euro fell two cents against the dollar to below $1.36.  &#8220;The    facade of unity among eurozone members hardly held for more than a  day,&#8221;    said Beat Siegenthaler from UBS.<\/p>\n<p>Greek Premier George Papandreou told the European Parliament that his  country    was running out of patience. It is in effect already subject to the  full    rigours of an IMF-style austerity plan but without enjoying any of the     benefits. He said the savings from cost-cutting measures were  vanishing into    the pockets of bond-holders through higher interest rates.<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/finance\/financetopics\/financialcrisis\/7475531\/Markets-spooked-as-Greek-rescue-plan-crumbles.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telegraph &#8211; The inability of the eurozone to put together a viable package after a month of talks has dismayed markets, which thought the terms of a deal had already been agreed. Yields on 10-year Greek bonds spiked 17 basis [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14628","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=14628"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14628\/revisions"}],"predecessor-version":[{"id":14629,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14628\/revisions\/14629"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}