A Greek exit from the euro zone could "discombobulate" currencies and open the door for contagion to other heavily indebted nations, bond investor Bill Gross said Wednesday.
By Tom DiChristopher, CNBC
Market watchers are expecting Greece to reach a deal with its international creditors by the June deadline—though a long-term accord that tackles meaty issues will likely have to wait, strategists said Tuesday.
Greece's government on Monday ruled out restricting access to bank accounts and the free movement of money if there is no breakthrough soon in tortuous talks with bailout creditors and its dwindling cash reserves dry up.
Βy Matthew J. Belvedere, CNBC
There's an ever-increasing probability of a financial "accident" involving debt-strapped Greece, Mohamed El-Erian said Tuesday.