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Caretaker government will take Greece to risky repeat vote
May 16th, 2012
ATHENS (Reuters) - Greek political leaders meet on Wednesday to form a caretaker government that will lead the country into its second election in just over a month, with Greece's euro membership at stake in a mounting crisis rocking world markets. Parties deeply divided over an unpopular EU-IMF rescue plan threw in the towel on Tuesday after nine days of failed attempts to put together a coalition, hitting heavyweight financial stocks as investors worried at the prospect that the euro zone weakling would remain in limbo for at least another month. ... (Source: Reuters) -
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PARIS (Reuters) - The French stock market authority has found LVMH secretly bought shares in rival Hermes to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported. LVMH said it would fight the findings of the watchdog's probe before its sanctions committee when it meets on May 31 to hea... [Full Article]
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