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By Marlene Y. Satter, AdvisorOne |
June 21, 2012
Despite the formation of a new government in Greece and a rescue for the banking sector in Spain, it looks as if a long, hot summer is in store for the eurozone.
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By Marlene Y. Satter, AdvisorOne |
May 30, 2012
The Spanish bank crisis escalated on Wednesday, frightening investors away from markets that fell to their lowest level in nine years.
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By Marlene Y. Satter, AdvisorOne |
May 28, 2012
Concerns eased a bit over the possibility of a Greek exit from the euro zone as Saturday polls showed rising support for pro-bailout parties in that country. But attention turned to Spain as earlier estimates of funding needed for a bailout of its largest bank looked to be seriously undervalued.
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By Marlene Y. Satter, AdvisorOne |
May 22, 2012
According to the OECD, the euro zone debt crisis threatens not just Europe, but the world economy itself.