30-06-2015 20:14 via news.yahoo.com

Obama says Greece won't be 'major shock' to U.S. financial system

President Barack Obama said on Tuesday the financial crisis in Greece should not create a major shock for the U.S. economy, but warned that its fallout could dampen global growth and encouraged both sides to reach a deal. "In layman's terms for the American people, this is not something that we believe will have a major shock to the system," Obama said during a news conference with Brazilian President Dilma Rousseff at the White House. If a deal is not reached between Greece and its creditors in
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