(Thumbnail image: Times Online)

Troubles continue to mount in Greece as the country slips deeper into its financial crisis.
Now some fear Greece's troubles will affect global recovery.

We're getting perspectives from The BBC, NPR, Voice of America, Russia Today, and the Global Post.

Greece continues to seek financial assistance from partners in the European Union, with little success.
Analysts say if Greece doesn't get a bailout, it could cause ripples throughout the global economy.

The BBC News presents one economist's take on the potential impact in Europe.

"This will prolong the suffering of the unemployed, as job creation will be slower than it would have been had there not been a crisis."

But it's not only European growth that could be in trouble.

A Voice of America writer examines how Greek troubles could make their way to American shores.

"The value of the euro currency has plunged for example, which makes American exports - key to the U.S. economic recovery - less competitive."

A senior fellow at the Hoover Institution tells NPR how Greece's financial crisis could impact U.S. efforts in the Middle East.

Kori Schake: "Not only will governments be less inclined to spend on defense, but their little growth rates will give them a lot less money to spend even when they want to."

Tom Gjelten: "So the United States will be left to pick up more of the tab for the war in Afghanistan."

But on Russia Today, a University of Kent professor argues that speculation won't lead to recovery.  

"Any crisis is already spreading to the other countries that you mentioned, and therefore we need to step in. And one way to step in is to say we'll help Greece restructure its debts, we'll provide some temporary liquidity if there's any problem and otherwise we will hold Greece to its promise to reduce its budget's deficit."

A writer for the GlobalPost disagrees, saying a Greek bailout could create a moral hazard.

"It would signal to the rest of the eurozone that it is OK to run up huge debts because it will be bailed out in the end. Worse, a Greek bailout would likely encourage more deficit spending. It would be like going into a five star restaurant after being told that somebody else will pick up the tab."

So what do you think? Are Greece's problems impacting the global market?

Writer: Maurice Scarborough

Producer: Newsy Staff