statement not long ago is wrong..."Whatever happens in Greece is of very little, if any, importance to ABB. Switzerland is NOT a member of the European Union and ABB does not have a major project in Greece at this time. Greece is a non event as pertains to ABB." Wrong, Its called contagion. And yes all these PIG countries do have have an impact on markets as well as ABB. That showed itself perfectkly clear in all of 2011!