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Arab markets bit by Greek crisis in Q2
Arab stock markets plunged in the second quarter of 2010 because of Greece’s debt crisis to reverse an upward trend they had recorded over the previous four quarters, an official study showed on Wednesday.
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Greece is on the verge of a precipice – a day after unrest which saw three people killed, the country’s Parliament is debating the austerity package which sparked the violence. The situation remains tense and many analysts say it’s the high price Greece is having to pay for being part of the Eurozone – a cost now being picked up by the people. RT’s Mark Gay explains.
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