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3/26/10

Greece and Dubai are fixed now - by Philip Davis

Angela Merkel: "A good European is one who abides by the European treaties and national law and thus sees to it that the euro zone’s stability isn’t harmed. That’s our guidance for all decisions today and tomorrow, and also for the future.”

ECB President Jean-Claude Trichet took some pressure off Greece today by extending the bank’s emergency lending rules, saying its bonds won’t be cut off from ECB refinancing operations next year. Adding even more boost to the market, now that Goldman Sachs has stopped out their sheeple on long Euro bets, their analysts tell us today that the IMF may be giving Greece $27Bn in aid, helping to boost the EURO.

For the complete report: Thursday Thrills: Greece and Dubai Are 'Fixed' -- Seeking Alpha


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