Instability in the Euro-Zone is growing as the global economy comes under further pressure. The E-Z is now comprised of 16 nations, all of whom are governed by separate governments, yet only one central bank. The ECB is in charge of setting monetary policy and this week reduced rates to 2.00%. Meanwhile, each government is trying to figure out their own plan to stimulate the respective economies within the Euro-Zone. With some of these countries much smaller and posing greater investment risk…
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Posted on January 16, 2009 at 1:55pm
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thanks again,
jim
thanks,
jim