“What is at stake is not only the economic integration, it is also the overall economic confidence in the euro area, and indeed, our commitment to the European project,” said European Commission president Jose Barroso, in a speech Tuesday. “This is why we need to be bold and define the way forward.” Barroso will not get what he wants. The divisions among the leading nations in Europe are too deep.
Source: nationsonline.org
Some countries that can afford to make loans want to. Germany, which can make the largest ones, will not. That leaves the issue of how funds at hand — almost a trillion dollars in bailout funds and another $456 billion held by the International Monetary Fund– will be loaned. They will be, but Germany will make sure the terms are onerous. Countries that get money will be monitored, and their budget management will hardly be their own.
Douglas A. McIntyre
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
