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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (72196)	1/24/2010 10:44:01 AM
From: prometheus1976	1 Recommendation Read Replies (4) \| Respond to of 74559

It's been proven that without TJ ,Elmat is nothing... However,putting elmat on ignore really cleans that thread up to where it's useful. "Try it,you'll like it" regards,P1976

To: carranza2 who wrote (72196)	1/24/2010 12:05:27 PM
From: Haim R. Branisteanu	Respond to of 74559

EU Commission Worried Over Euro Zone - Report FRANKFURT (Dow Jones)--The European Union is getting increasingly worried that rising differences in the competitiveness of several member countries could threaten the confidence in the euro currency and undermine the cohesion in the European Monetary Union, Germany weekly Der Spiegel reported over the weekend, citing a draft from the EU's Directorate General for Economic and Financial Affairs. The magazine said the EU Commission is particularly worried about those countries which have piled up enormous current-account deficits over the past few years as they benefited from low interest rates. Now these countries, among them Spain, Greece and Ireland, are subject to surging budget deficits. To counter the problems, these countries should bring their deficits under control and start comprehensive reforms, the EU draft seen by Der Spiegel proposes. These demands were echoed over the weekend by European Central Bank Chief Economist Juergen Stark, who said in a newspaper interview that Greece needs to come to grips with its surging budget deficit, adding that other countries of the euro zone won't come to the rescue of Greece. Magazine Web site: www.spiegel.de