Aug 12

European Union

Markets. Nobody knows who exactly are, but there are daily in the press, sometimes indecipherable screens of Bloomberg, in the mouth of the citizens and especially politicians, who have come to define them as herds of wolves. Markets return to lose confidence in the handling of the crisis by Europe: bailouts don’t work and the fire of the fiscal crisis does more than stoke, with Spain again near the hot zone. The causes are varied. The changes in the leadership of the ECB and the IMF open questions. The upcoming European effort tests to banking – in June – generated doubts. And, above all, the cacophony of voices on the restructuring of Greek debt, a taboo that is increasingly closer to break, has left this week to Europe compared to another moment of truth. Source of the news:: the baton as head of IMF accentuates the crisis of the European Union.