Financial Investment Risk Consultant | Lawrence McDonald
Financial & Economic Consultant | New York Times Bestselling Author
There is a growing sense of panic in Europe as Spanish 10-year bond yields continue to rise to eurozone era record highs; over the past 7 days yields have moved from 6.82% to 7.58% this morning. Late yesterday evening, both Spain and Italy moved to impose short selling bans on equities in the hope of arresting slides in the national stock markets that are being fueled largely by concerns over the sovereigns. Read More
Economic, political and market dates to watch from across Europe as governments and financial institutions deal with the ongoing European debt crisis. Courtesy of DC Tripwire 15th February: Spain to announce plans for restructuring banking sector 15th February: Portugal [...]
Article by BBC News The EU’s 27 leaders are discussing how to create jobs and growth amid calls to go beyond enforcing budget discipline. The EU has more than 23 million unemployed people and there are fears that wide-ranging budget cuts will harm enterprise and training. The eurozone crisis is dominating the EU summit in [...]