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Greek euro exit looms as G8 gathers
World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward a possible eurozone exit that would hold wildly uncertain repercussions for the global economy. Leaders from the Group of Eight industrialised nations will gather at the history-imbued US presidential retreat near Washington for a two-day summit, with the dramatic denouement of Greece’s economic crisis firmly at the top of the agenda. The recent clobbering of Greek parties that back austerity measures under the country’s 173 billion euro ($220 billion) bailout has sparked a fresh round of market panic and left the ... (full story)
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