Two Strikes Against the Euro Tuesday, From Spain and Germany, A Bad Day Ahead |
| June 19, 2012 | June 2012 Bond Updates |
|
It was announced early this morning that part of the audit of Spanish banks, due end July, has now been delayed until September. The delay has been agreed with the IMF and the European Central Bank but inevitably it has provoked speculation that Spain needs more than the Euro 100 billion offered ten days ago. |
| View more at: http://www.forbes.com/sites/haydnshaughnessy/2012/06/19/two-strikes-against-the-euro-tuesday-from-spain-and-germany-fueling-the-negatives/ |
| Related News |
|