Mama Knows News: Europe thinks the unthinkable on Greece

Friday, May 18, 2012

Europe thinks the unthinkable on Greece

BRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, as European share prices tumbled and Germany warned of continuing financial turmoil. German Finance Minister Wolfgang Schaeuble, one of Greece's harsher critics, said market unrest fuelled by the euro zone debt crisis could last another year or two. "Regarding the crisis of confidence in the euro ... in 12 to 24 months we will see a calming of the financial markets," he said. ...

Europe thinks the unthinkable on Greece
Fri, 18 May 2012 20:28:08 GMT

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Friday, May 18, 2012

Europe thinks the unthinkable on Greece

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