Ft.com
Fears that the eurozone’s firewall will prove insufficient to shield Spain and other embattled countries against the effects of a possible disorderly Greek exit from the currency union hit European financial markets on Monday. Spanish and Italian 10-year borrowing costs shot up to their highest levels this year and European stock markets suffered their biggest one-day drop in three weeks.
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Fears of a Greek exit from the euro zone worsening the debt crisis facing other European nations gripped financial markets. ||| Fears of a Greek exit from the euro zone worsening the debt crisis facing other European nations gripped... Read Post
Relentless worries over a possible Greek exit from the euro zone checked European stock markets. ||| Relentless worries over a possible Greek exit from the euro zone checked European stock markets on Friday after a brief rally follo... Read Post
According to some, the next Lehman-like event will be none other than a Greek exit from the Eurozone, especially if not firewalled, or in other words, disorderly. Considering how effective the Eurozone has been to date at anything o... Read Post