Today in Euro Crisis History: Annals of Market Intelligence

Greek Prime Minister George Papandreou at EU Summit in Brussels, Feb. 11, 2010

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.

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