The idea is there, locked inside.
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Sovereign debt default fears have exacerbated recent stock market trends, especially in the absence of concrete proposals or financial aid and the lack of details of the proposed rescue plans for the debt-burdened Greece.    The fear in Europe is that Greece could be the first country to fall (followed by Portugal, Spain and Italy), reducing confidence in the Euro and, as a consequence, complicate all member states’ ability to deal with their large deficits and public debt. ... Read more
Never in its 12-year history, has the Euro faced such heavy pressures.    Will Eurozone policymakers bail out the most fragile economies at the cost of undermining fiscal discipline?    Or, will they let financial markets lead the most vulnerable member states towards default and risk jeopardizing the very existence of the Euro common currency? ... Read more
In Focus:  EUROPEAN UNION
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