Related News ItemsA Greek Meltdown Won't be the End of the WorldMon, 21 May 2012 05:48:03 -0700
Two years ago, European leaders were willing to do almost anything to prevent a financial meltdown in Greece. If Greece defaulted on its debt or left the euro zone, it could have triggered a chain reaction across Europe, and global financial panic.
Read More... Many American States And Municipalities Believe They Can Play Greek Games And Get Away With ItSun, 20 May 2012 14:38:36 -0700
As if to demonstrate that there are no Third World countries, but only Third World governments, recent Greek governments have raised expectations and spent far more than they are capable of collecting as tax revenue. The corruption and economic stagnation that accompany the growth of any government's reach and power, untempered by respect for private ...
Read More... World stocks mixed amid Greek political impasseTue, 15 May 2012 02:14:00 -0700
World stocks were held in check Tuesday by a political impasse in Greece that could lead it to a destabilizing exit from the euro currency union.
Read More... Global shares edge higher but Greek fears lingerMon, 21 May 2012 06:03:47 -0700
LONDON (Reuters) - World shares edged higher and commodities gained on Monday as investors' fears that Greece could leave the euro were partly soothed by promises from China and the Group of Eight leaders at the weekend to support growth. U.S. stock index futures also pointed to a hgt./SIG=1359bitem>
Mon, 21 May 2012 07:47:48 -0700
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