Business
Monday May 11, 2015
Tokyo rose 1.3%
European shares started the week lower, amid concerns about the debt situation in Greece, pending European meeting on the situation in Athens.
Greece attends the Eurogroup meeting in the hope that the European partners give a push to the negotiations through a positive statement that close the deal and allow unlock the financing of the country.
Although several ministers and the head of the Eurogroup Jeroen Dijsselbloem, have already ruled out a solution on the status of the country is taken, Athens interpreted as an acknowledgment of the progress could set the basis for the early realization of a deal.
The Greek Finance Minister Yanis Varufakis , said today that his government has a perception different from the creditors on reforms and said his goal is to leave behind the practices of the previous government.
“We remind you that our government has a different perception of what the reforms mean that our reforms have nothing to do with the practices that contributed for decades to the underdevelopment of the country” , Varufakis said in a statement.
Tokyo
The Tokyo Stock Exchange gained 1.25% Monday thanks to good Data released Friday on employment in the United States and China’s decision to lower again its interest rates.
The Nikkei 225 index of top values gained 241.72 points to 19.62091 integers. Meanwhile the Topix of all values closed with gains of 0.67% to 1598.33 points
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