What's Next for the Eurozone? (VIDEO)
What’s Next for the Eurozone? (VIDEO)
http://www.StockMarketFunding.com What’s Next for the Eurozone? FXE EWO EWG EWQ. The “European Debt Crisis” has hit the markets with extremely volatility. Will this be “the end of the Euro currency”? Will we see the EU break up? Will the “United States Bailout Europe”? In this live “ETF Trading” video we’ll cover the (FXE) CurrencyShares Euro Trust and cover the recent selloff in the currency. We’ll also highlight the iShares MSCI Austria Investable Market Index (EWO), iShares MSCI Germany Index (EWG), iShares MSCI France Index (EWQ), and iShares MSCI Brazil Index (EWZ) relative to the “S&P 500″ index and “US Markets”.
Germany’s Finance Minister spelled out details on Saturday of his proposal for national redemption funds for excess sovereign debt which he intends to present at a crunch summit of EU leaders next week aimed at restoring confidence in the euro.
Wolfgang Schaeuble proposed his plans under which states would effectively siphon off a chunk of their debt to a “special national fund” and pay it off over about 20 years while committing to reforms to keep debt levels on target.
“The German government’s goal is to strengthen stability in the euro zone as a whole through a common set of rules for stricter budget discipline,” the spokesman told Reuters.
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