Greek bailout is not important in the grand scheme of things.
implications on Italy, Spain & Portugal are and they own most
of the junk from Greece. This is important
Posted by parkridge77 on 1st of Nov 2011 at 09:15 am
US banks have significant exposure to Euro bonds-- even
Fideltiy, I read- so this also a factor in US market
angst. Italy is Europes 3rd largest economy- why eyes are on
Italy in particular.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
would set a good example
Greek News
Posted by Michael on 1st of Nov 2011 at 09:03 am
would set a good example if they reject the bailout. Iceland did, and no riots, no social breakdown...
referendum
Posted by biscuit on 1st of Nov 2011 at 09:11 am
imagine the greek government asking the people what they think? socrates lives!
Greek bailout is not important
Posted by jdaswani on 1st of Nov 2011 at 09:10 am
Greek bailout is not important in the grand scheme of things. implications on Italy, Spain & Portugal are and they own most of the junk from Greece. This is important
US banks have significant exposure
Posted by parkridge77 on 1st of Nov 2011 at 09:15 am
US banks have significant exposure to Euro bonds-- even Fideltiy, I read- so this also a factor in US market angst. Italy is Europes 3rd largest economy- why eyes are on Italy in particular.