Don't Let the European Stock Rally Fool You

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(Bloomberg) –- European leaders and the head of the IMF held an emergency meeting on Greece in Berlin late last night. They agreed to intensify efforts to avert a default. Bloomberg’s Hans Nichols reports on “Countdown.” (Source: Bloomberg)

Anyone looking at the direction of Europe’s benchmark stock averages last month could get the impression investors are untroubled by the situation in Greece.

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