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国际英语新闻:Economist expects higher rates in Australia due to Greece crisis

2010-05-10来源:和谐英语
"If we do go through a new period of economic turbulence caused by events in Europe that we have seen in recent times, we are better placed than about any other advanced economy to handle that. "

Swan will hand down his third budget on Tuesday.

The Reserve Bank of Australia (RBA) has raised the cash rate for a third month in a row to 4.5 percent last week.

Greece's debt problems have continued to weigh on other euro countries, triggering widespread volatility in global financial markets last week.

European leaders were racing against the clock on Sunday to strike a new deal to fund debt-ridden euro countries and gain support from their central bankers before Asian markets open on Monday.