Global markets relieved by Greece’s bailout (AP)

By admin on July 23rd, 2011

In this July 18, 2011 photo, specialist Donald Civitanova, right, directs trades at his post on the floor of the New York Stock Exchange. Global stocks rallied further Wednesday, July 20, as a raft of positive U.S. earnings reports and signs of progress over raising the U.S. debt ceiling helped offset debt concerns afflicting Europe. (AP Photo/Richard Drew)AP – Relief at a bailout package for Greece drove global shares higher Friday after European leaders made sweeping changes to a rescue fund in an effort to seal larger economies off from the continent’s debt crisis.


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