Tuesday, May 15, 2012

Europe - Voice of America: Uncertainty Grips Financial Markets in Wake of European Elections

Europe - Voice of America
europe
Uncertainty Grips Financial Markets in Wake of European Elections
May 7th 2012, 00:00

Uncertainty is gripping world financial markets, after elections in Greece and France raised concerns about the future of austerity measures to help rescue Europe's debt-ridden governments and its ailing economies. Key Asian markets fell sharply Monday, with Japan's Nikkei index closing down 2.8 percent and Hong Kong's Hang Seng off 2.6 percent.  The Athens stock exchange plunged nearly 7 percent after the vote in Greek national elections left immediate formation of a new ...

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