Friday, 12 February 2010

Euro is facing 'inevitable break up' despite Greece bailout, leading bank warns

Daily Mail
"The European single currency is facing an ‘inevitable break up’ a leading French bank warned 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 Eurozone. ..."

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