Sizing up the role of the ECB

December 9, 2011 0

  Global markets declined on Thursday after ECB President Mari Draghi confirmed that the ECB had no plans to increase or expand its bond purchasing of sovereign debt. Many economists and investors expressed disappointment that the ECB […]

S & P Rings Warning Bells in the Euro Zone

December 6, 2011 0

 Standard & Poor’s warned that it may place 15 countries of the European Union on review for a credit downgrade including Europe’s chief financial power brokers, France and Germany. Yesterday’s downgrade warning from the S & P has the potential to lower by […]