New York Times (May 24)
2012/ 05/ 27 by jd in Global News
“With Greece in meltdown, raising fears of cascading bank insolvencies and deepening recession, Europe’s leaders failed again this week to agree on the ambitious initiatives needed to quell the crisis.” If they don’t quickly wise up and promote growth, “the consequences could be disastrous — for their countries and the rest of the world.”
Tags: Banks, Disaster, eurozone, Failure, Greece, Growth, Meltdown
