Greece’s debt crisis and the future of Europe

Finance ministers from the euro area meet Friday to discuss the Greek debt crisis.

the intervention from the US has shown a risk that the stability of the financial system as a whole – the global financial system – might be under threat again.

That we might have a financial situation where a possible default of Greece might have knock-on effects around the world as well.

German Chancellor Angela Merkel says eurozone nations must do everything they can do to avoid an “uncontrolled insolvency” by Greece.


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