07-04-2012
In a bid to renegotiate it's debt, the Greeks will present information to some International Debt inspectors. What's alarming about this? The data is alarming.
France is now in a danger zone for it's banking sector. This is shocking news as we've seen this 7 times now. Oh, France is the second largest economy in the EU.
Cyprus is starting bailout talks with the EU. I'm sure this time the bailout will work....
Euro zone unemployment has spiked. With official unemployment now at 11.100%, and the manufacturing sector slowing down, austerity measures are almost the only thing they can do. Printing more euros, nor purchasing bonds will help with the funding and manufacturing deficit.
No comments:
Post a Comment