|February 13th, 2010, 06:51 PM||#1 (permalink)|
Perdido Beach, AL
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I know most of you trade CL or ES and I don't usually watch the news but these are interesting times.... here is some info on the Euro.
Greece debt bailout: EU leaders split over euro crisis | Mail Online
The European single currency is facing an 'inevitable break-up' a leading French bank claimed yesterday.
Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide 'sticking plasters' to cover the deep- seated flaws in the eurozone bloc.
The stark warning came as the euro slipped further on the currency markets and dire growth figures raised the prospect of a 'double-dip' recession in the embattled zone....