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Merkel Preparing for Greek Default

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by , 04-26-2011 at 06:41 AM (664 Views)
[B]The Greek default is getting closer. German chancellor Angela Merkel is beginning to prepare the public for a default in Greece, as multiple issues mount on the debt laden country. Here are 5 developments that signal the upcoming default[/B]

As the market is fully geared after the holiday, there are many fresh signs that a default for Greece is coming soon. A default in one Euro-zone country could have a devastating impact on other EZ members and the global economy, making the collapse of Lehman look like a small bump.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/merkel-getting-ready-for-greek-default/"]Merkel Preparing for Greek Default[/URL][/I][/B]
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