While there were high expectations that the long running euro zone crisis would come to an end, here comes another shocker as it has been claimed that Slovakia has delayed giving its final decision.
While the other major countries in the European Union agreed to extend support to the cash crunched Greece, thumbs down to the proposal in the parliament of Slovakia has thrashed the hopes of millions of investors who have been hoping to get a near term resolution to the crisis.
Nonetheless, other world leaders are firm on their stance as they have confirmed that they would extend their financial help to Greece in November. With Slovakia not getting the desired backing from the parliament, how would things turn in the future would be worth seeing.
However, there are reports which indicate that European Commission President Jose Manual Barroso would soon share his plans to deal with the euro zone's debt crisis.
Though the news jolted the international community for a while, the financial market was seen moving down. With the sentiments of investors turning into a disappointment, the market saw Stock index futures to open at a low on Wall Street on Wednesday.
Even S&P 500 futures were seen moving down 0.26%, while Dow Jones futures nosedived by 0.14% and Nasdaq 100 futures went down by 0.22%.
On an average, it was seen that European stocks tumbled down by 0.7% in the morning session, though investors tried to snatch profit at such a dismal low.












