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what will be the impact of eurou-greece crisis?
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There are a few notable points: 1.As the risk of default is increasing investors are moving towards buying more gold (regarded as the safe havens) -evident from the hike in prices. 2.Markets are not performing well 3.I feel that investors will pull out cash from emerging markets and set an eye on developed markets and treasury bonds
impacts of euro-greece may be:- 1.it may impact on trade. 2.inflation may occur. 3instability of economy 4.unemploment 5.investors may pull out the invested amount..but it may be looked after by the govt.
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