effect Greece Default on stock market

what effect Greece Default on stock market : Greek political leaders have been haggling over the details of a cost-cutting package required for the country to get more urgently needed loans from international lenders. Some €130 billion ($170 billion) in bailout money is on the line.

Without an injection of emergency money, Greece will likely default on its bond repayments on March 20 — an event that could shake European banks and other private lenders with Greek debt on their books.

Greek Default: Impact on Financial Markets
So what is the likely impact on financial markets? It is difficult to say precisely because so much depends on accurately predicting European political decisions. The political options, as we see them, are: Read more..

Asian stock markets down february 7 2012
Asian stock markets fell Tuesday as talks dragged on to resolve a massive debt mess in Greece before it explodes into a wider financial crisis. Read more..

Impact Greece Default on Gold prices
Gold prices fell Monday as the Greek debt crisis returned to the spotlight, renewing concerns about the impact that Europe’s financial troubles could have on the global economy. Read more..

GLOBAL MARKETS-Stocks, euro stall on Greece concerns
Concern Greece might not accept the terms of a proposed new bailout deal brought a rally in global shares to a halt on Monday, while the euro pared earlier losses as some shorts covered their bets. Read more..

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