Greece's Debt

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2010 How and why does Greece’s Debt effect the stock market? Does it effect the value of currencies? Can you please give me sources of further read on this?

Rasesh

Rasesh (Expert)
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02 July 2010 Greece debt should not directly affect our stock markets, since none of our companies have investments in greece.

Greece belongs to euro zone and in case of uncertainity over sovereign liability of greece, the euro as a currency becomes weaker against other currencies.

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