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Rating agency says the eurozone's peripheral nations are at best halfway to correcting their economic imbalances.
A revival in tax revenues may alleviate some of the drag local governments are placing on the overall economy.
Outperformance is biggest in nine months as investors chase returns.
Donahue is passionate about defending the family business against new regulations.
Lack of transparency challenged in the wake of alleged rigging of benchmark rate.
Concessions are possible as long as Greece is willing to meet main bailout targets, German lawmaker says.
