LONDON — After weeks of relative calm, Europe’s debt crisis is reawakening, as investors fret over a growing pushback in the region against the tough austerity prescribed to cure its fiscal ills.
Europe’s crisis had finally seemed to ebb in late January, with confidence in the region’s ability to put its fiscal house in order and aid its troubled banks easing the turbulence that rocked world markets from London to Hong Kong to New York for nearly 2 1/2 years.
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