Monday, June 27, 2011

EURO CRISIS

GERMAN DEPUTY FINMIN SAYS  EURO ZONE IS PREPARED FOR FUTURE SOVEREIGN DEBT CRISES THROUGH RESCUE MECHANISMS
ESM IS VERY CLOSE TO IDEA OF EUROPEAN CURRENCY FUND
EXPECT GREEK PARLIAMENT WILL AGREE ADDITIONAL REFORM MEASURES THIS WEEK TO ENABLE A DECISION AT EURO ZONE FINANCE MINISTER MEETING ON JULY 3
EURO IS IN DANGER OF LOSING LEGITIMACY
EURO ZONE CRISIS MANAGEMENT CAN BUY TIME TO ANSWER FUNDAMENTAL QUESTIONS ON EUROPE
MUST BE PREPARED FOR LOSING GREEK PARLIAMENTARY VOTE ON REFORMS

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