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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 476.00+2.4%Jan 27 4:00 PM EST

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To: carranza2 who wrote (75426)6/19/2011 1:03:39 PM
From: elmatador1 Recommendation   of 219831
 
Belgium and Italy could be forced to seek a bailout even sooner than Spain.

Luxemburg Prime Minister says:

The hard restructuring favored by Angela Merkel would be seen as a default by ratings agency, leading to "extreme consequences" for the eurozone. He warned that Belgium and Italy could be forced to seek a bailout even sooner than Spain

Read more: businessinsider.com

ELMAT: Luxembourg is the world's second largest investment fund center (after the United States), the most important private banking center in the Eurozone and Europe's leading center for reinsurance companies.
Money could ran away from Luxembourg, thus the PM warn...

see also:
ibtimes.com
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