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Euro Officials Begin to Weigh Greek Exit

By: Decomposed in ROUND | Recommend this post (0)
Mon, 14 May 12 5:39 AM | 122 view(s)
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Probably a good time to get OUT of American markets. I expect the Euro is going to fall, and stories of imminent Euro parity with the Dollar are already starting to surface. A weak Euro means a strong Dollar, and that's bad news for our markets. 


Euro Officials Begin to Weigh Greek Exit

By Patrick Donahue - May 13, 2012 6:01 PM ET
Bloomberg.com

Greece’s possible exit from the euro area moved to the center of Europe’s debt-crisis debate, with officials beginning to weigh the fallout of a withdrawal even as authorities in Athens struggled to form a government.

Meetings brokered by Greek President Karolos Papoulias are set to continue today after Syriza, the largest anti-bailout party, rejected a unity government following last week’s inconclusive elections. The country where the 2 1/2-year-old crisis began moved closer to a new vote, and to the possibility of a euro-area exit that was once a taboo among policy makers.


http://www.bloomberg.com/news/2012-05-13/euro-officials-begin-to-weigh-greek-exit-from-common-currency.html




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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