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Credit Lime
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Welcome to Credit Lime. In my spare time I also contribute to a financial reporting site called www.CreditLime.com which provides in-depth analysis and reporting on news and events in the financial, derivative and credit default swap marketplace. I have over a decade of experience in the... More
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  • I'm a Portuguese investor, so please read this with the necessary distance, but also knowing I do experience what's happening in the Portuguese society, and Spain, our neighbors. I believe, as long as Spain weakness is a "real big problem" for EU and Germany, there would be strong measures before letting Portugal follow-up Greece factual default. That would sentence Spain, Italy and the Euro. That would be the "point of no return" to the Euro. Portuguese Government has also given strong political margin allowing EU political leadership's a different approach, since it has been implementing the 2011 agreement irreproachably. It is also a small dimension economy - more helpable. Therefore, either by a unusual consensual cooperative mode adjustments, or by an specifically active and generous BCE, I wouldn't bet to much money on "Greece part II" kind of thing at the end of the year, unless you see in Germany voters and elite, a real interest in the end of Euro and inherently their chances of world scale economic power.
    22 Apr 2012, 07:54 AM Reply Like
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