[QODLink]
EUROPE
Fears grow over Greek debt crisis
Fears that Greece's debt problems could trigger collapse of other economies.
Last Modified: 28 Apr 2010 17:57 GMT

Financial markets across the world have continued to experience serious volatility amid a worsening debt crisis in Europe sparked by the downgrading of Greece's massive debt to junk status.

Athens has asked the European Union and IMF for more than $50bn to help bail the country out of its economic problems.  

Many analysts fear the crisis could trigger the downfall of other vulnerable economies in the eurozone.

Jonah Hull reports.

Source:
Al Jazeera
Featured on Al Jazeera
Murder of Somali draws ire of foreign African nationals over rising xenophobic violence.
We look at the impact of increased sanctions against the Islamic Republic and ask who it really affects.
Tupamaros enforce rough justice in Venezuela's slums to support socialism, but critics say the group are violent thugs.
More than a decade ago the US launched a war against Afghanistan, but was it a justified battle?
Featured
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
Extensive coverage of political unrest that spread from Istanbul to other areas.
Revelations over NSA spying are threatening president's European trip.
Some urbanites are returning to their rural roots to farm the land.
Kuwait's 'Bidoon' have been stripped of rights and treated as second-class citizens.
join our mailing list