Guest Columnist: Pension reform isn't a problem since state approved Act 120
In response, an overwhelmingly bipartisan majority of the House and Senate approved Act 120 which was widely viewed as a responsible pension reform solution that served as a roadmap to dealing with the crisis. Act 120 included shared … It also …
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IMF: "A radical solution for high debt is to do nothing at all"
"Debt is bad for growth … but it does not follow that paying down debt is good for growth. This is a case where the cure may be worse than the disease: paying down the debt would require further distorting the economy, with a corresponding toll on …
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Greek fears weigh on European stocks, especially in Germany
LONDON (AP) — Fears over a Greek debt default following an acrimonious few days between the country's government and its creditors weighed on European stock markets Monday, particularly in Germany where the main index hit official correction territory …
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