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/ 18 October 2011
Scepticism over Europe’s ability to deliver a proper solution to its debt troubles and a warning from Moody’s weighed on world market sentiment.
Stocks slid again as Europe struggled to contain a debt crisis in Greece that is threatening to plunge the continent back into recession.
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/ 12 September 2011
Mounting fears over the possibility of a Greek debt default and signs of division within Europe’s policymaking circles sent bank stocks sharply lower.
Greece has launched a tirade against United States credit ratings agencies after Moody’s downgraded its debt grade further below junk status.