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Commodities gain on Greek debt deal

Posted on 22 February 2012

Commodities markets jumped higher as euro-zone finance ministers approved a second bailout for Greece. Copper, gold and other metals posted gains, while crude oil surged to a nine-month high after European leaders approved a €130 billion ($172 billion) bailout that would allow Greece to avoid defaulting on debt payments due next month.
The deal, which requires Greek leaders to implement new measures to curb government spending, isn’t expected to solve Europe’s debt problems………………………………………..Full Article: Source


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