Europe: Debt crisis spreads to stronger economies

posted by
November 16, 2011
Christian Science Monitor    
Posted in News, PND News

"Just days ago, Greece and Italy's new governments were hailed as the solution to the European debt crisis, but markets have instead responded with more turmoil. Observers characterize the phenomenon as a 'contagion' that has now spread well beyond Europe's weaker economies. They say the trend suggests that no economy is immune to the crisis -- and that the EU may need to consider bolder solutions, particularly given its failure to persuade Asian investors to come to the rescue." (11/16/11)  

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