Wednesday, November 2, 2011

Germany to Greece: Stick to the Plan

Germany's Finance Minister, Wolfgang Schaeuble, and other senior officials are urging Greece to stick with the agreed upon plan by the IMF and Euro zone in order to stabilize the economy.

Greek Prime Minister George Papandreou stunned his euro zone partners and shook financial markets by calling a referendum on the planned 130 billion euro bailout package.

This announcement sent the global stock markets into a tailspin on Tuesday.

For more information, click here.

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