Tuesday, May 29, 2012
Walker's World: Euro's long slow fall
The euro is undergoing its ultimate stress test and so far it is failing. On current prospects, the whole prospect, and not just Greece's membership, may not be able to survive. The euro faces two immediate problems and they are inextricably interlinked. The immediate problem is the solvency of some of its leading banks, particularly in Spain.
Posted by Michele Kearney at 9:57 AM