Greece's Position in the Emu Is Far from Secure

Posts : 8759 Join date : 2012-01-25

Greece's Position in the Emu Is Far from Secure

Quotes from Standard Chartered:
-Euro-area sovereign problems have not gone away: questions remain about the capacity of the euro-area firewalls, with up to EUR 200bn of EUR 500bn of new lending capacity likely to be earmarked for sovereign and bank support in the coming months, even excluding sovereign demands from Spain or Italy.
-Negotiations over Greece's bailout programme could lead to a damaging confrontation with official creditors, and Greece's position in the EMU is far from secure.

More FOREX-news on pages InstaForex.Com

Greece's Position in the Emu Is Far from Secure Instaforex_mb_760x151_en

» Iran Oil Minister : European Countries That have Not clarified Their Position on Oil
» Investors Should take Advantage of Low Levels for Eur/usd Risk Reversals to Build a Eur-Downside Position