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Downside risks to the eurozone economy have materialized, according to the ECB's monthly...
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Thursday, July 12, 2012, 4:25 AM ETDownside risks to the eurozone economy have materialized, according to the ECB's monthly bulletin (.pdf). "Economic growth in the euro area continues to remain weak, with heightened uncertainty weighing on confidence and sentiment."
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the extremes....
The Periphery is fragmenting and inexorably separating from the Core, while the latter itself is shrinking as France chooses the Greek model over the German.
The Eurocrats are the principal source of risk for productive people and enterprises with the EZ and by their actions over the past 2 years have significantly increased risks and crushed rewards.