Tuesday, 12 July 2011

It was only a matter of Time... Europe considers Greek default

European Union leaders are poised to hold an emergency summit after finance ministers acknowledged for the first time that some form of Greek default may be needed to cut Athens’ debts and stop contagion to Italy and Spain.

Read the full story here:

http://www.theglobeandmail.com/report-on-business/international-news/europe-considers-greek-default/article2094500/ 

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