{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Markets mostly higher after signs of progress in debt-plagued Europe' data-url='/boclips/videos/5c54be31d8eafeecae139c95' data-video-url='/boclips/videos/5c54be31d8eafeecae139c95' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nMarkets mostly higher after signs of progress in debt-plagued Europe\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eFrankfurt, Germany 1. Wide of Frankfurt stock exchange2. Close of graph on screen 3. SOUNDBITE: (German) Fidel Helmer, market expert, Hauck \u0026amp; Aufhaueser Bank:\"Surely Greece is still an interesting subject, we have a new government,...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eFrankfurt, Germany \u003cbr/\u003e1. Wide of Frankfurt stock exchange\u003cbr/\u003e2. Close of graph on screen \u003cbr/\u003e3. SOUNDBITE: (German) Fidel Helmer, market expert, Hauck \u0026amp; Aufhaueser Bank:\u003cbr/\u003e\"Surely Greece is still an interesting subject, we have a new government, we have an absolute finance expert as head of government and he surely will do his best to keep Greece in the Eurozone.\"\u003cbr/\u003e4. Cutaway of stock indexes\u003cbr/\u003e5. SOUNDBITE: (German) Fidel Helmer, market expert, Hauck \u0026amp; Aufhaueser Bank:\u003cbr/\u003e\"The case is not that a junior employee of S\u0026amp;P (Standard \u0026amp; Poor's) is sending the news out.  So it is obvious that this communique was probably worked on, and this message that was sitting in some drawer was published by mistake and that really is alarming. I believe this will start the discussion again that an independent European ratings agency should be founded, that would give an alternative to the American ratings agencies, which are quite dependant on private enterprises.\"\u003cbr/\u003e6. Wide of stock exchange \u003cbr/\u003eAthens, Greece \u003cbr/\u003e7. Various of graphs in the Athens stock exchange \u003cbr/\u003e8. Set-up of chief economist for EuroBank Gikas Hardouvelis in his office\u003cbr/\u003e9. Close of hands\u003cbr/\u003e10. SOUNDBITE: (English) Gikas Hardouvelis, chief economist, EuroBank, Athens:\u003cbr/\u003e\"This is clearly a positive, very positive development. Finally, the Greek political parties are getting together and are reaching a consensus, and they have put a non politician at the helm.\"\u003cbr/\u003e11. Close of tapestry in Hardouvelis' office\u003cbr/\u003e12. SOUNDBITE: (English) Gikas Hardouvelis, chief economist, EuroBank, Athens:\u003cbr/\u003e\"The big question mark is whether the political parties, the existing political parties, will support it and for how long. Because, remember that political parties are always afraid that if this government is too successful a new party may be created.\"\u003cbr/\u003e13. Close of books \u003cbr/\u003e14. Wide of Hardouvelis \u003cbr/\u003eEurope markets were mostly higher on Friday following signs of progress in debt-plagued Europe, including the naming of a new leader in Greece.\u003cbr/\u003eGreece's incoming prime minister is due to name his cabinet on Friday, a day after being appointed to head an interim coalition government that will push through a new European debt deal and secure continued bailout funding to prevent a catastrophic default.\u003cbr/\u003eFormer European Central Bank vice president Lucas Papademos held talks with the country's main political parties late into Thursday night to determine who would staff his cabinet, ahead of the formal swearing in early on Friday afternoon.\u003cbr/\u003eAn economic analyst in Frankfurt on Friday called the new Greek Prime Minister \"an absolute finance expert\".\u003cbr/\u003eFidel Helmer, market expert Hauck \u0026amp; Aufhaueser Bank said that Papademos \"will do his best to keep Greece in the Eurozone\".\u003cbr/\u003eHelmer also said that a technical error on Thursday at ratings agency Standard \u0026amp; Poor's will reopen the argument that Europe needs its own ratings agency.\u003cbr/\u003eS\u0026amp;P said a statement that a technical error caused the automatic dissemination of a message to some subscribers of its Global Credit Portal \"suggesting that France's credit rating had been changed\".\u003cbr/\u003e\"I believe this will start the discussion again that an independent European ratings agency should be founded, that would give an alternative to the American ratings agencies, which are quite dependant on private enterprises,\" he said. \u003cbr/\u003eS\u0026amp;P stressed on Thursday that the credit ratings for France have not been downgraded, and remain at \"AAA\" the highest investment-grade rating, with a \"Stable\" outlook.\u003cbr/\u003eAs attention of European markets moves on to new crisis spots, an economic analyst in Athens hailed the success of coalition talks but said questions remain over how long the political support will hold. \u003cbr/\u003eThe government must quickly secure the crucial loan instalment without which Greece will go bankrupt before Christmas, and approve the EU's October 26, 130 (b) billion Euro (177 (b) billion US Dollar) bailout deal.\u003cbr/\u003ePapademos called for unity on Thursday and promised to seek cross-party cooperation to keep Greece firmly in the 17-nation eurozone.\u003cbr/\u003e\"The big question mark is whether the political parties, the existing political parties, will support it and for how long,\" said Chief Economist at EuroBank, Athens, Gikas Hardouvelis on Friday, in his Athens office.\u003cbr/\u003eThe 64-year-old, who also served as a former Bank of Greece governor, will lead a government backed by both Greece's governing Socialists and the opposition conservatives that will operate until early elections, tentatively set for February. \u003cbr/\u003ePapademos replaces outgoing Prime Minister George Papandreou, midway 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