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.
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Greek bailout is not important
Greek News
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.