Monday, May 14, 2012

Euro Crisis -- News Updates May 15, 2012



Risk Of Greek Euro Exit Rattles Markets, But Hints Of More Talks Emerge -- New York Times

BERLIN — As gridlock among Greece’s political parties made new elections and another month of uncertainty there all but inevitable, European markets dropped significantly on Monday amid concerns that Greece’s departure from the euro was near, and right behind it a new round of financial instability for Europe and the outside world.

Yet there were also indications emerging on Monday that the latest turmoil could as easily signify the beginning of a new phase of bargaining between Greece and its European lenders as it could a sudden Greek exit from the euro zone.

Read more ....

More News On The Euro Crisis

European leaders and financial markets braced for Greece exit from euro
-- The Guardian
Merkel tells Greece to back cuts or face euro exit -- The Telegraph
Euro ministers plead with Greece to stay the course, argue life outside euro would be as tough -- Washington Post/AP
Greece political crisis becoming a war of wills -- L.A. Times
Markets brace for Greek exit from euro -- Sydney Morning Herald
Euro zone finance ministers dismiss Greek exit "propaganda" -- Reuters
Asian Stocks, Oil, Euro Fall on Europe Debt -- Bloomberg Businessweek
Stocks, Commodities Drop as Euro Weakens on Greek Crisis -- Bloomberg
Europe's economic nightmare should be keeping us awake -- Tim Colebatch, Sydney Morning Herald
What happens if Greece exits Europe's single currency -- Sydney Morning Herald
Greece and the euro: What's next? -- Chris Isidore, CNN Money

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