Services sectors show best growth in two years

Date: Wed, Mar 3, 2010 at 12:01 PM

SERVICES SECTORS SHOW BEST GROWTH IN TWO YEARS
The services sectors of the U.S. economy grow at the fastest pace in two years
in February, according to a survey of companies released by the Institute for
Supply Management.

GREEKS BRACE FOR CHANGE AS DEBT CRISIS BITES
While sporadic strikes may indicate otherwise, public opinion polls show that
most Greeks support the government's efforts to pull the country out of its
current financial predicament. "We're not Argentina," says one.

GREECE UNVEILS NEW AUSTERITY MEASURES
The Greek government has decided to take additional austerity measures to make
sure it meets its deficit-cutting pledge this year, following intense pressure
from the European Union and financial markets, according to media reports on
Wednesday.

MERKEL HOLDS KEY AS GREECE ADDS TO AUSTERITY PLAN
Credit markets responded positively Wednesday to the Greek government's promise
to implement another round of painful budget cuts, but Angela Merkel appears
poised to play the role of ultimate judge as European leaders scramble to
contain a destabilizing euro-zone debt crisis.

HARD-HIT GREEK STOCKS MAY OFFER OPPORTUNITIES
As a debt crisis rattles confidence in Greece, few investors are rushing to put
money into local assets. For those who can stomach the risk, however,
interesting opportunities do exist.