time for the ecb to sprinkle its fairy dust
Once upon a time, in a kingdom not so far from here, there was a group of chums who thought it a great idea to strengthen their friendship through a shared currency.
Once upon a time, in a kingdom not so far from here, there was a group of chums who thought it a great idea to strengthen their friendship through a shared currency.
Stock markets rose today on the back of little being agreed at the Brussels summit so imagine what investors in Europe could see once a comprehensive plan to resolve Europe’s debt crisis is put in place.
Neither the EU summit this weekend nor the follow-up in early November are likely to reveal the policy decisions an end to the eurozone crisis is clammering for.
Chris Iggo looks at the political issues that are still in the way of resolving the future of the euro with its current membership.
Bill Dinning reflects on how taxpayers and governments alike view the future of the euro.
ING IM’s Ad van Tiggelen believes 2011 may turn out to be ‘the year of truth’ for the eurozone.
Chris Alexander says the euro is set to suffer and examines the market impact of new oil forecasts.
Greece’s 100bn bailout package has been greeted positively by markets and country leaders alike.
Aegon AM’s Bill Dinning says ‘structural hangovers’ are giving eurozone members a headache.