Against a background of deepening recession and technical insolvency, Greece's banking sector is being propped up by a $ 16 billion bailout from the European Financial Stability Facility. (gfmag.com)
On the other hand, however, PM Samaras and his negotiators did present creditors substantiated counterarguments in response to nonsensical austerity measures that would only deepen the recession (cross-cutting public sector job and pension cuts). (blog.politics.ox.ac.uk)
After dealing with months of deepening recession, pet specialty retailers may be getting a glimpse of light at the end of the tunnel. (petbusiness.com)