WASHINGTON (MarketWatch) — Italy is wobbling. Spain is facing a fresh crisis. Even France doesn’t look like it is a secure member of the euro zone anymore. The storms swirling around Europe’s beleaguered single currency are growing by the day as the crisis moves in from the periphery into what can only be regarded as core Europe. The markets remain poised on a knife edge, fearful of the consequences of a full scale collapse. http://www.marketwatch.com/story/printing-money-is-europes-only-way-out-2011-07-20
I recommend this exellent story as an overview of what can happen to Europe.
European markets continues on upside on yesterdays rise in the U.S. Angela Merkel is playing down the results the EU can come up with regarding Greece on Thursday July 21.
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