European Shares Lower Despite $146 Billion Greece Bailout

May 3, 2010 6:41 AM EDT
This weekend, the EU and IMF and Greece signed a massive $146 billion bailout plan for the debt-laden country.

As part of the deal, Greece agreed to new austerity measures on top of the ones announced in March.

Despite the news, debt contagion concerns remained and European stocks dropped and the Euro dropped against 12 of 16 currencies.

You May Also Be Interested In





Related Categories

General News