Saturday, September 15, 2012

Optimism over end to crisis expected to be shortlived





Does the German constitutional court ruling in favour of a European bailout fund, closely followed by the big win for pro-euro and pro-austerity parties in the Dutch general election, mark the beginning of the end of the euro crisis?


Or were these events just a brief diversion on the road towards a euro break-up that began with the Greek government accounting scandals in 2009?


Most likely, the answer is neither.









via Business feed http://www.scmp.com/business/economy/article/1037179/optimism-over-end-crisis-expected-be-shortlived

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