Fears of contagion in Europe returned with a vengeance Monday as a proposed bailout of Cyprus weakened the Euro, strengthened the yen and sparked a sell-off in stocks.
Original post: Markets drop amid Cyprus bailout worries
Category : Stocks
The European Central Bank may be doing “whatever it takes” to preserve the euro, but investors fear uncertainty surrounding Spain could spark contagion and unsettle global markets.
Read more from the original source: Wall Street still spooked by Spain
Category : Business
The cloud of uncertainty hanging over Greece is unlikely to lift following this weekend’s election, which means the risk of contagion will continue to threaten global financial markets.
The rest is here: Contagion risks run high in Greek vote
Category : Business
The threat of contagion in Europe deepened Tuesday, when Greece announced it would hold new elections in June after failing to form a coalition government.
Excerpt from: Contagion risks grow
Category : Business
European stocks have rallied this year on hopes that a full-blown contagion can be avoided, but the outlook remains fraught with risks, not the least of which is what might happen with Greece.
See more here: Europe stock rally faces a perilous road