Posts Tagged: ECB policy meeting

The Euro has been shaken by numerous problems in the last month. The situation in the Eurozone becomes worse each day and the Euro has problems holding on to its counterparts. The beginning of this month has turned out to be just as bad for the Euro as the previous month has been. This is due to the sovereign debt crisis and especially to the situation in Greece. The week to come may be one of the most important ones in the evolution of the European currency as it is expected for the situation in Greece to come to an end at the end of the week, most likely a bad one. Concerns have grown even more after the moment yesterday when it has been announced that Greece has not been able to meet its deficit limit. The country is likely to face default in the immediate period and this could trigger the Euro down with it. The Read more »