Debt Problems Chip Away at Fortress Europe
As a result, governments in the 16 countries that use the euro must now confront a new and disturbing reality: The deal they struck more than a decade ago to create a common currency area, hoping that a single central bank could manage to paper over the divergent economic and financial conditions of its members, is finally being challenged. Full Story »
Posted by Kaizar Campwala - via Slatest, Google News (Business)
The European and American recovery are in a long stall; waiting for the global equalization that global markets have engendered.