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 No Happy Ending in Sight for Europe says Pan American Metals of Miami- No Happy Ending in Sight for Europe says Pan American Metals of Miami
- January 09, 2012
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Problems in Europe continue, boosting desire for a safe haven.
MIAMI, FL - Europe has not enjoyed the best start to 2012. Despite some stringent austerity measures being passed in different nations, the crisis continues with credit downgrading for some and disappointing bond auctions for others.
The ECB stepped in to buy bonds from both Spain and Italy as the cost of borrowing jumped for both nations ahead of auctions planned for next week. Italy's yield has stayed just over 7%, a level that is considered unsustainable in the long term. Meanwhile, Hunga...
- View more at: http://www.1888pressrelease.com/no-happy-ending-in-sight-for-europe-says-pan-american-metals-pr-363834.html
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