Photograph by Jock Fistick/Bloomberg
Greek Prime Minister George Papandreou at EU Summit in Brussels, Feb. 11, 2010
February 12, 2010
BlackRock Says Greece Is No Lehman, Buys Its Bonds
BlackRock Inc., the world’s biggest asset manager, increased its Greek bond holdings, betting the European Union won’t allow the nation to default as Prime Minister George Papandreou cuts the bloc’s biggest deficit.
Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots, twists and turns of the current turmoil.
