{"id":545748,"date":"2010-04-28T07:30:16","date_gmt":"2010-04-28T11:30:16","guid":{"rendered":"http:\/\/liveshots.blogs.foxnews.com\/?p=17558"},"modified":"2010-04-28T07:30:16","modified_gmt":"2010-04-28T11:30:16","slug":"greece-near-default-expert","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/545748","title":{"rendered":"Greece Near Default :Expert"},"content":{"rendered":"<p>European stock markets are rebounding slightly today after they, along with the US and Asian markets, took a big hit overnight following new fears about the Greek economic situation.\u00a0\u00a0\u00a0<\/p>\n<p>Standard &amp; Poor\u2019s graded Greek debt as \u201cjunk\u201d Tuesday, as German officials spoke of the possibility of Greek debt holders not receiving full re-payment.<\/p>\n<p>\u201cWe are looking very clearly at the chance of Greece defaulting,\u201d Howard Wheeldon of BGC Partners stock firm told Fox News Wednesday.<\/p>\n<p>And the chance of other European countries like Portugal following Greece down is becoming more real.\u00a0 \u201cThe contagion factor is enormous,\u201d John Sitilides of Trilogy Advisors told Fox. \u00a0\u201cPortugal is very much in public play.\u201d<\/p>\n<p>While the IMF has agreed to a bail-out package for Greece, the European Union is still weighing its portion of the deal.\u00a0 \u201cThe EU is showing its huge exposure and weakness,\u201d BGS\u2019s Wheeldon told Fox.<\/p>\n<p>Experts tell Fox News banks with exposure to Greek debt even in better-off countries like France and Germany could also be threatened.<\/p>\n<p>And our own stock markets could see further effects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stock markets are rebounding slightly today after they, along with the US and Asian markets, took a big hit overnight following new fears about the Greek economic situation.\u00a0\u00a0\u00a0 Standard &amp; Poor\u2019s graded Greek debt as \u201cjunk\u201d Tuesday, as German officials spoke of the possibility of Greek debt holders not receiving full re-payment. \u201cWe are [&hellip;]<\/p>\n","protected":false},"author":4512,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-545748","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/545748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4512"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=545748"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/545748\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=545748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=545748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=545748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}