Business Latest News: Greeks Split on Reforms, Public Sector Job Cuts

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Business Latest News: Greeks Split on Reforms, Public Sector Job Cuts

Business Latest News: Greeks Split on Reforms, Public Sector Job Cuts
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Business Latest News: Greeks Split on Reforms, Public Sector Job Cuts

by Wochit 1:01 mins

An opinion poll showed that Greeks are split down the middle on whether public sector job cuts demanded by the country's international lenders for continued bailout funding are necessary and most remain downbeat on the economy's prospects. Next week marks the first big week of second-quarter earnings, and it is sure to bring both joy and misery to Wall Street. Investors will concentrate on market fundamentals after weeks when Federal Reserve policies have dominated the market. If they see companies are still struggling, stocks could take a fall. If elected New York City comptroller, Eliot Spitzer has vowed to wield power as aggressively as he did as state attorney general, leading some in the financial community to worry that the "Sheriff of Wall Street" might be back.

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