Global stocks plunge as investors worry over Greek aid package
Tuesday, May 4, 2010 - 13:30
in Mathematics & Economics
The selloff is fueled by fear that the EU's $146-billion bailout plan for Greece won't be enough to stop its debt crisis from engulfing Spain, Portugal and other countries on the continent and destabilizing their economies. Stock markets around the world were pummeled Tuesday by widening fallout from the Greek debt crisis, with the Dow Jones industrial average sinking more than 200 points.