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![NZ shares, dollar steady after rough week](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ shares, dollar steady after rough week
New Zealand financial markets markets were in a holding pattern today after Europe's debt woes sparked a wave of selling around world last week.
![Crisis brings us closer, says EU president](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Crisis brings us closer, says EU president
Those who think that the Euro will disintegrate are not fully aware of the dynamics of the European Union, the EU Commission President Jose Manuel Barroso said in Auckland today.
![World markets down as Euro talks disappoint](/pf/resources/images/placeholders/placeholder_l.png?d=793)
World markets down as Euro talks disappoint
Disappointment about the outcome of a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy ruled investor sentiment on both sides of the Atlantic overnight.
![Kiwi dollar tipped to gain as equity markets recover](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwi dollar tipped to gain as equity markets recover
The New Zealand dollar may rise this week, as equity markets recover from a three-week selloff following the US credit rating downgrade.
![NZ stocks drop after global plunge](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ stocks drop after global plunge
The NZ stock exchange has fallen 2.5 per cent on opening, following a big slump on world markets overnight. The NZX 50 Index shed 80.89 points to 3297.86, the lowest level since December.
![Joe Beaglehole: Let the people decide on economy](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Joe Beaglehole: Let the people decide on economy
Balancing tax and spending is not a task we can afford to cede to appointed experts...