World Markets Show No Confidence in Greek Bailout Plans



Greece, Euro Zone, IMF Face Long Road -- Wall Street Journal
This is not the beginning of the end, not even the end of the beginning. The International Monetary Fund and euro zone's €110 billion ($145.37 billion) three-year Greek debt support package still needs to be given final approval by 15 euro-zone leaders. They in turn must satisfy themselves—and their national governments and voters—that there's a reasonable chance their loans can be refinanced, rather than turning into a straight fiscal transfer. That's far from certain.

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More News On Greece's Financial Crisis

Euro market meltdown resumes despite Greek deal -- Yahoo News/Reuters
Sovereign-Debt Concerns Hit Credit Markets -- Wall Street Journal
Europe’s debt crisis knocks markets -- Financial Times
European markets battered by Greek contagion fears -- Economic Times

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