Thursday, 14 June 2012

Why the Greek vote matters to America

In this Friday, May 25, 2012 photo torn EU and Greek flags fly at the entrance of an abandoned factory in the industrial zone of Komotini about 800 kilometers (500 miles) northeast of Athens. In its heyday just over a decade ago, the industrial zone in this far-flung area of northern Greece was a hive of activity, with dozens of factories producing everything from textiles to ceramics and employing nearly 20,000 people. Now, the Komotini industrial zone is a picture of desolation, a stark illustration of the toll Greece's vicious financial crisis has taken on the country's industry. (AP Photo/Nikolas Giakoumidis)Yes, it's an election year in America but the world is going to be watching another vote this weekend in Greece. Rarely does an election in a country as small as Greece have global implications -- Greece produces less than 2% of Europe's GDP. But we live in unusual times.


Source: http://finance.yahoo.com/blogs/daily-ticker/why-greek-vote-matters-america-just-explain-110143421.html

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