Tag Archives: Euro zone

G7 to hold emergency eurozone talks, Spain top concern

Posted on June 4, 2012 by DRenegade

(Reuters) – Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area. With Greece, Ireland and … Continue reading →

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European Bank Runs on the Horizon According to Top Economic Official for the European Commission

Posted on May 31, 2012 by DRenegade

The news concerning the collapse of the Euro and the Euro zone has been non-stop. After 21 Greek bailouts, you would think that the boy who cried wolf would be ignored. Well, actually the world’s economic community has ignored the … Continue reading →

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European Hail Mary or End Run?

Posted on May 30, 2012 by DRenegade

The call for direct capitalization of Euro zone banks by forming a banking union is definitely a hail Mary to save Spanish and Greek banks. Although this is only a “call”, Germany will never support it and at some point, … Continue reading →

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