Pound Picks Up, Greeks Still Under The Sword

The necessary evil of a Greek default continues to hang overhead like the sword of Damocles with some wishing for its fall given the prospect of its removal seems less likely. Yesterday's commodity rebound has paled into insignificance as investors balk at the prospects for growth should the authorities lose its grip on the sword.

Source: http://blogs.forbes.com/greatspeculations/2011/05/25/pound-picks-up-greek-still-under-the-sword/

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