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View all search resultsGreek market jitters ease on hope for bailout deal
Shares were up over 3 percent on the Athens Stock Exchange in early afternoon trading Tuesday, while bond yields retreated from a Monday spike, with the 2-year rate dropping by more than a percentage point to 22
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S
hares were up over 3 percent on the Athens Stock Exchange in early afternoon trading Tuesday, while bond yields retreated from a Monday spike, with the 2-year rate dropping by more than a percentage point to 22.9 percent.
Greece's new left-wing government is struggling to agree on terms for the release of remaining bailout money needed to avoid a summer default.
In Brussels, EU Commission spokesman Margaritis Schinas said the troubled negotiations were making progress, "albeit at a slow pace." (*)
