Pages

Monday 26 December 2011

EURO: 'IS A BREAK-UP LOOMING?'



Is a break-up of the Euro looming? That was the question of the year – and it remains unanswered. The new president of the European Central Bank or ECB [Mario Draghi], sent conflicting messages with this regard within days – before giving a surprise Christmas present to the Euro banking sector.

Not clear, what this all means? There were also mixed economic indicators from two major Euro watchers, the United States and Britain. In the following video, Host Stefan Grobe [of Euronews] tries to make sense of all this with Thomas Costerg, economist at Standard Chartered in London.

Source: Euronews

No comments:

Post a Comment

Please adhere to proper blog etiquette when posting your comments. This blog owner will exercise his absolution discretion in allowing or rejecting any comments that are deemed seditious, defamatory, libelous, racist, vulgar, insulting, and other remarks that exhibit similar characteristics. If you insist on using anonymous comments, please write your name or other IDs at the end of your message.