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Markets rally on EU bail-out
May 10, 2010 by legitgov
ShareThisMarkets rally on EU bail-out 10 May 2010 The European Central Bank overrode internal misgivings and intervened to buy eurozone government bonds Monday as part of a massive financial support scheme that eased pressure on the area’s most indebted countries. Investors welcomed the move, bidding up Global shares, especially financial stocks, as well as Irish and Portuguese bond prices.