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    Spain region, Greek exit warnings rattle euro zone

    Sun, 05/27/2012 - 06:55 EDT - Yahoo! Business News
    • YahooBizNews

    A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels(Reuters) - Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances. Greek elections are scheduled for June 17 and could hasten the country's departure from the currency club should a government intent on ripping up the country's bailout program result. Contrasting findings of opinion polls on Friday showed the outcome is too tight to call. ...

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    Related

    • Spain region, Greek exit warnings rattle euro zone

    • Spain region, Greek exit warnings rattle euro zone

      (Reuters) - Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances. Greek elections are due on June 17 and could hasten the country's departure from the currency club should a government intent on ripping up the country's bailout program result. Polls suggest the outcome is too tight to call. ...

    • Spain region, Greek exit warnings rattle euro zone

      (Reuters) - Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances.

    • Spain region, Greek exit warnings rattle euro zone

      (Reuters) - Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances.

    • Spain region, Greek exit warnings rattle euro zone

      (Reuters) - Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances.

    • Spain region, Greek exit warnings rattle euro zone

      Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's ...

    • Spain region, Greek exit warnings rattle euro zone

      Central banks and companies risk making a grave error if they do not brace for a possible Greek exit from the euro zone, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's ...

    • Spain region, Greek exit warnings rattle euro zone

      Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating ...

    • 150,000 Greek Public Sector Job Cuts Pending As Greece Launches Another Grexit "Plan B" Movement

      The eye of the hurricane over Southeast Europe may soon be shifting, exposing Greece to the same 150 mph gale turmoil everyone has grown to love and expect over the past three years as soon as this month, when a new proposal by Greece is due on how to cut a massive 150,000 public sector jobs: a move which will result in an immediate surge in public unrest, and an exponential jump in strike activity. As Bloomberg reports, "Greece is locked in talks with international creditors in Athens about shrinking the government workforce by enough to keep bailout payments flowing.

    • Flight to Safety: German 2-Year Bonds Yield Hits Zero; Eurozone Officials Tell Countries to Prepare for Greece Exit

      The once taboo subject of a Greek departure from the eurozone cracked in the past couple of weeks, primarily with threats to Greece. Today the exit discussion dam broke wide open as Eurozone tells members to make contingencies for "Grexit" Euro zone officials have told members of the currency area to prepare contingency plans in case Greece decides to quit the bloc, an eventuality which Germany's central bank said would be "manageable".

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