Saturday, June 18, 2011

My Way News - Greek debt crisis: Juncker warns of contagion
My Way News reports: "Contagion from the Greek debt crisis could spread to at least five other European countries - including Belgium or even Italy - if it is not cautiously managed, the head of the eurozone group warned Saturday [...] that would have extreme consequences for Europe as a whole."

My Way News - Greece steps back from prospect of debt default
My Way News reports: "Greece appeared to step back from the prospect of a devastating debt default Friday after its prime minister quelled chaotic political infighting and Germany softened a contentious demand that the private sector participate in a European bailout."

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