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Greek turmoil stokes crisis in euro zone

Fears that a Greek exit from the euro zone will worsen the debt crisis facing other European nations roiled financial markets on Wednesday, with Hong Kong’s Hang Seng index posting its biggest drop in six months.

Greeks were pulling euros out of banks, concerned their country may leave the European single currency. A senior judge was put in charge of an emergency government to lead it to new elections on 17 June.

Markets tanked in Asia, with Hong Kong down 3.19 percent, or 634.48 points, at 19,259.83, and Shanghai down 1.21 percent.

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(Source: scmp.com)