Greece's abrupt call for referendum on EU deal spook mkts

Greece's abrupt call for a referendum on EU bailout deal spooked global markets on Tuesday.

November 02, 2011 / 09:01 IST

By Gautam Broker, Research Analyst at CNBC-TV18

Greece's abrupt call for a referendum on EU bailout deal spooked global markets on Tuesday. Greek PM Papandreou's move threw into question the survival of efforts to contain the debt crisis.

France and Germany caught unawares - they summon Papandreou for talks at Cannes before the G20 starts.

Chairman of EU FM

first published: Nov 2, 2011 08:58 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347