Many analysts also agree that the Euro may potentially weaken against a basket of major currencies this summer as more and more cracks appear within the Euro Zone.
We have already seen the well documented problems with Greece and the fellow PIGS of Europe this year and I believe there is certainly more to come.
It is as if the ECB have a huge boil on their hands and although they keep managing to smooth it over and make it disappear temporarily it is only a matter of time before it comes back as absolutely huge and eventually bursts.
Obviously many other economies globally aren’t in great shape however the ECB (European Central Bank) are in a real fix as they have numerous different economies in all shapes and sizes to control with just one set of fiscal policies and interest rates…. how can an economy like Greece’s be controlled in the same way as one the size of Germany’s??
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