Investors have been considering for a while now the possibility that Greece might walk out of the euro common currency in order to help them cope with the serious austerity measures that the international community is forcing on them as a condition for receiving international economic aid.
A financial news service report has put some meat on the bones of the speculation, causing Asian stock markets to slide as of Wednesday. The report quoted the former Greek Prime Minister Lucas Papademos saying that indeed Greece is considering a pullout from the 17-nation currency union.
"I think investors now are concerned that Greece may finally leave the euro currency union," said Dickie Wong of Kingston Securities Ltd. in Hong Kong.
Sorry, comments are closed for this post.