The worlds stock exchanges faced massive drops mainly over the
Euro crisis and ahead of the EU meeting no one country seemed to escape the down
ward fall in share prices with Italy, Spain, London, USA, Germany all feeling
the concerns by investors over Greece's future in the Euro and very little hope
a Greek recovery.
With the Greek Prime Minister Lucas Papademos slating that his government may be making preparations to leave the Euro.
Chancellor Angela Merkel said a proposed scheme of a pan-European bond favoured by Francois Hollande would not be possible until other nations improved their finances.
The UK cannot escape the Euro crisis and with significant trading in Eurozone small and large businesses could be effected.
CEO Graham Hearsey of Professional Insurance Agents Ltd said we have been trading in Ireland Netherlands and Italy over the last few years and this latest movement in the markets will have an impact on our business.
With the Greek Prime Minister Lucas Papademos slating that his government may be making preparations to leave the Euro.
Chancellor Angela Merkel said a proposed scheme of a pan-European bond favoured by Francois Hollande would not be possible until other nations improved their finances.
The UK cannot escape the Euro crisis and with significant trading in Eurozone small and large businesses could be effected.
CEO Graham Hearsey of Professional Insurance Agents Ltd said we have been trading in Ireland Netherlands and Italy over the last few years and this latest movement in the markets will have an impact on our business.
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