Euro's Instability Impacting Markets

Tuesday, May 24, 2011

As Greece’s economic stress continues, the  rifts between the eurozone members are deepening. Persistent worries over Greece's looming debt drove down Europe's stock indexes by two percent and the euro dropped nearly one percent against the dollar, and Wall Street too took a hit. Meanwhile, there are doubts over whether the eurozone can resolve this regional debt crisis. Louise Story, Wall Street and finance reporter for The New York Times, charts the growing rift.

Produced by:

Posey Gruener

Contributors:

Louise Story

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