Greece hits political stalemate, euro exit fears grow




 
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Greece hits political stalemate, euro exit fears grow
 
May 14th, 2012  
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Topic: Greece hits political stalemate, euro exit fears grow


Greece hits political stalemate, euro exit fears grow
ATHENS (Reuters) - Greece's president met little enthusiasm from political leaders summoned to a final round of talks on Monday to avert a new election, reinforcing fears the country was firmly on the path to bankruptcy and an exit from the euro zone. European shares slid and Spanish and Italian bond yields rose as the political deadlock threatened to reignite the euro zone debt crisis. Greek banking stocks tumbled 7 percent. ...




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