Euro, stocks rally, Spain gets respite but Portugal hit (AFP)

Wed, 12/01/2010 - 08:59 EDT - Yahoo! Business News

AFP - The euro and European stocks rallied strongly on Wednesday and pressure on Spain eased, but the eurozone debt crisis weighed heavily with a credit watch for Portugal and Germany struggling to sell bonds.

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Euro, stocks rally, Spain gets respite but Portugal hit
The euro and European stocks rallied strongly on Wednesday and pressure on Spain eased, but the eurozone debt crisis weighed heavily with a credit watch for Portugal and Germany struggling to sell bonds.Leading EU figures warned that financial markets were underestimating the will of EU leaders and institutions to defend the euro and the eurozone.But in a new sign of the extent of anxiety among investors, a German bond issue was undersubscribed.
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Euro, stocks rally, Spain gets respite but Portugal hit (AFP)

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