Greek gloom rocks markets, troubles lenders (Reuters)

By admin on October 3rd, 2011

The DAX Index board is pictured at Frankfurt's stock exchange August 5, 2011. World stocks sank for an eighth straight session on Friday, wiping $2.5 trillion off their value on the week, as concern ballooned over the slowing global economy and the spread of debt anguish into Italy and Spain. Picture was taken with a fisheye. REUTERS/Ralph OrlowskiReuters – Greece’s admission that it will miss its deficit target this year despite harsh new austerity measures sent stock markets reeling on Monday and raised new doubts over a planned second international bailout.


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