Why are we getting so much coverage on "the Greek crisis" ?
It's a small country a long way from GB, and we aren't in the Eurozone ourselves so why oh why does it take prime slot and at great length in our News bulletins.
1. Greece owes €9.4 billion to the UK. If they failed to pay what they owe our own economy would suffer.
2. A Greek default could lead to a massive fall in the value of the Euro. That would hit business confidence and share prices worldwide, probably plunging many major economies into depression. (That's why the US authorities are particularly keen to see a deal done. While Greece only owes the USA €6.4 billion, the collapse of the Euro could have major knock-on effects to the US economy).
As Chris relates, we've already seen a great deal of wobbling of the stock and interelad currency markets here all due to the uncertainty of what happens in Greece.
Funnily enough I have wondered the same thing.
I am pretty damn sure it's not because they owe us money as I have barely heard it mentioned. I think it's simply that we all like a good crisis :-)
And the weather is quite nice there