August 27, 2011

Who is Affected by the Greek Debt Crisis?

Filed under: finance, news — Tags: , , , , — caribbeanandworldrecipes @ 6:33 pm

The Greek debt crisis has affected more nations thanGreece. How Eurozone leaders continue to deal with the crisis has far-raching implications not only forGreece, but for many other countries in the Eurozone.


Several banks in the zone have been severely affected by the developments. Commerzbank, based in Germany, has had to write down its Greek debt, which amounted to 760-m euro. This all but eliminated any profits the bank made for the second quarter.


There seem to be only a few options for dealing effectively with the Greek debt crisis. There was a Eurozone leaders meeting recently to discuss these options.


Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a free website or blog at

%d bloggers like this: