There Will Be Pain – Greece Looking Likely to Exit?

May 7, 2012 2:51 pm

Overall it was a very sloppy day. Perhaps the relief that Greece may be looking to leave the Euro region was reason for European markets to move higher. But, it will obviously cause Greece some hardship. The equity market over in Europe tell the story.

Ouch. That is obviously a nasty reaction to the elections. On the other hand, most of Europe (ex-Greece) was smiling on the idea that they may no longer have the “burden” of carrying Greece along.



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