With the European sovereign debt crisis well into its third year and all but certain to continue in 2012, investors may well be weary of the entire subject. Unfortunately, the tendrils of this crisis reach far and wide, influencing not only the banking system and economy of Europe, but of the larger world as well. Given that Greece is hardly in the clear, fears still surround the situation in Italy, and Spain and Portugal are still in a precarious state, investors may well be asking if Europe's problems will ever end. (For related reading, see The Contrarian Play In Europe.)
The State of Things Today
After multiple rounds of extensive and coordinated intervention and outright manipulation on the part of Western central banks, it seems that government bankers have at least called the markets here near the end of 2011. Dollar and euro liquidity seems to be readily available (though not always on great terms), and worries of failed bond sales seem to be fading.
To read more, follow this link:
http://financialedge.investopedia.com/financial-edge/1211/A-Look-At-The-Eurozone-In-2012.aspx#axzz1hamnPBeQ
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