Posts tagged europe
Posts tagged europe
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They needed it, like, yesterday.
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Walk the talk, Draghi.
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Attitude shift. Now that reforms are passed, there is now a willingness to help.
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One step closer to a EuroBond.
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This is the gazillionth time china has expressed interest toward infrastructure investments from the west.
When will the west pay attention, and get the private/public infrastructure bank rolling? Especially when so many areas of The States need infrastructure improvements.
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A Luxembourg official inadvertantly has given the world a positive coming out of the Euro-concept, at a time when the world is desperately looking for one.
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If the contrarians buying Greek bonds are right, their trade is also inferring Europe will not pose a systemic risk to the financial system.
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A good sign.
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There is now about $1.6Trillion available via the EFSF, ESM and the IMF commitments. The Euro can also be devalued to help the economies.
With the current tools available and the progress being made (albeit slow progress), the EU mess is slowly becoming less of an issue. I stress ‘slowly’.