Tuesday, May 22, 2012

Euro crisis ahead of G* summit

After Camaeron statement with clear warning to Greek either to bound eurozone and follow commitment over austerisity otherwise exit Euro has given clear message that UK wants to take firm step. Although exiting Euro will be more benefited to Greece but Germany and France will not allow such thing easily as new currency valuation may trouble these two vide their export. Market uptrend is based on current G8 summit where Obama has strongly encourage exit of european crisis. However, on practical basis Greece has to decide whether to make it effective or not.

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