April 9 (Bloomberg) -- Stocks rose and Greek bonds rallied for the first time in two weeks on speculation Europe’s most indebted nation will get an international bailout to avert a default. The euro jumped 1 percent against the dollar and gold futures climbed to the highest since December.
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Comment: There has been an intentional show of confusion in order to avoid complacency for the rest of the endangered gang. In the end, the Eurepean Union and more specifically the countries of the euro zone won't let a member country go bust. The bailout comes with great unease. Nevertheless, the compromise is the result of an assessment of European self-interest.
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