Once again Greece is at front and centre stage in the ongoing eurozone debt crisis as Fitch warned all countries in the single currency that their status is based on what happens with Greece in the coming month/s. If Greece should exit the Euro, there is a high probability that all countries in the European Monetary Union would suffer downgrades as well.

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Market news is not good as investors are spooked over recent events in Greece and France. Both countries have been at the heart of the ever-present debt crisis in the EU, but recent events have plunged them even further into controversy. There are still fears that Greece will default and exit the EU whilst the recent triumph of France’s Hollande on an anti-austerity ticket.

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