Financial management discussion question. Must be original

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When posting your discussion response, make sure that you answer the following questions and provide a link of a site that supports what you have provided for your discussion response.  If you do not add a link along with your discussion response you will receive half of the credit for the discussion assignment.

Question 1: 

How did stock markets in Greece, Europe, and the United States react to Greece’s last-ditch proposal to avert the country’s bankruptcy?

Question 2:

How would you explain these reactions?

Question 3:

Does it make sense for the Greek government to wait this long to come up with this proposal? Why or why not?

Question 4:

Why do you think yields on Italian and Spanish bonds fell on the news?

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