Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

ECB's Weber Sees Threat of 'Grave Contagion Effects'

Print comment Post Comments
GREECE COMING TO A HEAD
"European Central Bank council member Axel Weber said Greece’s fiscal crisis is threatening “grave contagion effects” in the euro area, justifying Germany’s contribution to a 110 billion-euro ($142 billion) aid package," according to Bloomberg. “There is a threat of grave contagion effects for other member states in the monetary union and increasing negative feedback loop effects on capital markets,” Weber said in a statement today as German lawmakers in Berlin debate the proposed rescue of Greece.
SOURCE:   Bloomberg

TICKERS