Wednesday, November 2, 2011

Greece Financial Economy

I want to understand how one nation is deciding all the financial markets of the world. Greece is bankrupt and every country is giving suggestions to make it overcome with the situation. Whenever I see  news of stock markets up or down, the reason given is "Greece". How one country can affect so much?

I know that whole European economy is affected but why every nation is focusing on Greece. Today markets are down and the reason given is "Asian markets slip on Greece". Now when bailout packages were announced for Greece, the markets were up. Somebody please help me in finding out that why only Greece is deciding world's financial markets. Thanks!!

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