The latest news on Greece
Washington worries that Europe's problems could cause wider financial market problems.
Markets sink after Greek prime minister calls for a national vote on the European rescue plan.
First Greek referendum since 1974 will put European rescue plan to binding vote.
The European bank index was down 6.1 percent at 133.2 points
Greece debt plan is only one step forward on fixing the EU's problems.
Futures up after banks agree to take huge losses on Greek bonds.
Instead of bold action, politicians now take a just-in-time approach toward heading off disaster.
A European financial crisis would likely resemble the U.S. subprime meltdown that erupted in 2008.
America carries the a weight of multiculturalism—a weight so heavy that it broke Yugoslavia.
European leaders are worried a Greek default would ripple throughout the Eurozone.