Sovereign debt crisis in Greece, in Ireland, in Portugal, possibly also in Italy and in Spain; share prices of some of the largest European banks falling 30-40% within less than one month, France worrying about its credit rating, European Financial Stability Fund (ESFS) to be raised from €440 billion to €1.5 trillion, ECB buying government bonds... Hey Europe, what’s going on?
I’m gradually digging into this. Take a look:
Part 1: Let’s put things into perspective, http://blog.logicoffinance.com/2011/07/hey-europe-what-is-going-on-part-1.html
Part 2: Polarizations within eurozone, http://blog.logicoffinance.com/2011/07/hey-europe-what-is-going-on-part-2.html
Part 3: A look into European banking sector, http://blog.logicoffinance.com/2011/08/hey-europe-what-is-going-on-part-3.html
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