(eToro Blog) Election news is once again in the fore in Europe; in Germany, Chancellor Angela Merkel and her party of conservatives were dealt a stunning blow as they failed to regain power in the country’s most populous state, and one considered a bellwether for the rest of Germany. With nationwide elections only a year [...]
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Nouriel Roubini Foresees Spain’s Doom despite Bankia Nationalization
(eToro Blog) Worries of a Eurozone breakup have recently escalated with Greece, but this recent news from Spain on the nationalization of Spanish lender Bankia will only exacerbate that sentiment. Nouriel Roubini, aka Dr. Doom, agrees and believes that Spain will lose market access by the year’s end and would need a huge troika-approved bailout [...]
Whether they Like it or Not, Greece to get Next Bailout Tranche
(eToro Blog) Once again it is the events in Greece that is raising concerns of a possible Euro breakup to new levels. Only days after Parliamentary elections sent a clear message from the Greek constituency that the days of pain and austerity were over, the newly elected ruling parties are still unable to form a [...]
