Optimism over Greek Deal Help Markets Brush Off France’s Downgrade

Markets were pushed up after the news came out that Greece will acquire its next part of bailout cash to avert bankruptcy despite a drop in France’s credit rating. Finance ministers from European countries are gathering in Brussels and they are likely to agree to release more bailout cash to Greece. For past few weeks, markets have been eagerly waiting for a decision on whether the next batch of rescue cash will be given to Greece as the nation’s creditors

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