Nine O'Clock
Euro steady after one year low. Merkel demands faster Greek rescue. ECBs Weber urges swift Greek aid to prevent contagion. IMF director Dominique Strauss-Kahn warns confidence in euro zone is at risk. Spains risk premium rose after S&Ps debt rating downgrade.
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Hungary, Romania Reduce Key Rates After Risk Premium Declines (Bloomberg)
March 29 (Bloomberg) -- Hungary and Romania cut the two highest benchmark interest rates in the European Union to record lows to steer their economies toward growth as concern about Greek contagion ebbed.
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