Tuesday, March 30, 2010

Eurozone Structural Problems; Spain's Economic Woes; Pain In Britain; Deflation Persists In Japan

Edward Hugh at Euro Watch is asking From A Greek Debt Crisis To A Eurozone Structural One? http://eurowatch.blogspot.com/2010/03/f ... ozone.html

When we look back five years from now, will we see this week as marking a turning point in the short, but far from uneventful, ten year history of Europe’s common currency?

Simon Derrick, chief currency strategist at Bank of New York Mellon even went so far as to say the trauma of recent days might well signal the point that we stop talking about a “Greek debt crisisâ€