Molotov Cocktails Light Up Athens Ahead Of Austerity Vote As Draghi Admits German Slowdown

November 07, 2012   |   November 2012 Bond Updates
Molotov cocktails flew through the tear gas-infested air of Athens on Wednesday as the European sovereign debt crisis flares up once again.  While Greece passes further austerity packages that will slash pensions and raise the retirement age, Germany surfaces as the latest victim of this crisis.  Economic indicators are beginning to turn around in the Eurozone?s largest economy as factory orders decline on lower demand. In the words of ECB President Mario Draghi, Germany is beginning to feel the impact of the Eurozone's economic slowdown.

View more at: http://www.forbes.com/sites/afontevecchia/2012/11/07/molotov-cocktail-light-athens-riots-against-austerity-as-draghi-admits-german-slowdown/
 
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