The FEAR of a GREEK Default - Eurozone Crisis

BBC News: Reports that Greece will miss its planned deficit targets, banking stocks have taken a hit in Europe. The one thing you can count on folks is that Greece will get the next package of the planned bailout, the 8 billion is going to European banks, if the Troika of the EU/IMF/ECB failed to deliver the money it can be stated that major banks in Germany and France would be hit hard, even some could default. Thus the Greek figures do not match expectations, but it does not matter, the EU and the rest of the World can not afford for Greece to default outside a managed default. The sock markets are over reacting but Markets live and die on rumour, thus expect some heaving trading over the next few days.