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01:22 PM
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Europe Getting Smashed, US Futures Slide, As European Commission President Basically Admits Defeat
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[quote:Anonymous Coward 1469349:MV8xNTgzNjc2XzI2MTcxMTQ1Xzk3Q0RBMDcx] [quote:Anonymous Coward 1439552] [quote:Anonymous Coward 1469349] Euro crisis: Barroso warns debt crisis is spreading European Commission President Jose Manuel Barroso has warned that the sovereign debt crisis is spreading beyond the periphery of the eurozone. He described the bond markets' treatment of Italy and Spain as "a cause of deep concern". http://www.bbc.co.uk/news/business-14404852 [/quote] [i]Why is the Netherlands doing OK?[/i] [/quote] We`re closely tied with the German economy....So, if Germany does well, we will do too....Germany was playing catch up, because they`ve done bad after the reunion with East-Germany for a long period and Germany profited maximum from all the Chinese stimulus. [/quote]
Original Message
Well it started off quiet in Europe today.
No longer.
European markets are getting smashed, as -- no surprise -- Italy leads the way with a 1.5% decline.
[
link to www.businessinsider.com
]
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