Euro Crisis Roars Back To The Forefront -- Wall Street Journal
LONDON—The euro zone's debt stresses are back in force at the end of the first trading week of 2011, touched off by new political paralysis in Belgium, signs of slowing economic recovery and a proposed European Union rule that private investors take a hit in cases of bank failures.
The euro slipped to its lowest levels since September against the dollar Friday, with chart patterns pointing to a potentially large decline. The cost of insuring Western European government bonds against default hit a record high as fiscally-weaker government bond markets slumped.
Read more ....
More News On The Euro Financial Crisis
Big Week Ahead for Euro Zone -- Wall Street Journal
Tension high as weaklings begin 2011 bond sales -- Reuters
Spanish, Portuguese bond rates rise on debt worry -- AFP
Portugal's debt worries worsen as bond yields rise -- AP
Debt crisis continues to call tune in Europe -- Market Watch
Break-up of the euro zone a ‘credible risk’ -- Michael Babad, Globe And Mail
CITY FOCUS: The Europeans stuck in reverse -- The Daily Mail
No comments:
Post a Comment