A Greek Meltdown Won't be the End of the World
Mon, 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.
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Global shares edge higher but Greek fears linger
Mon, 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 higher open on Wall Street. But the gains follow a torrid week, which saw many riskier assets touch their lows for ...
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