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Euro in danger as the Greek crisis deepens and Merkel admits currency is at risk

Posted By admin On February 26, 2010 @ 4:29 am In World News | Comments Disabled

UK Daily Mail [1]
Friday, February 26th, 2010

Greece’s debt crisis has plunged the euro into a ‘ difficult situation’, the German Chancellor Angela Merkel admitted last night.

The admission from the leader of Europe’s biggest economy prompted fresh fears about the collapse of the single currency.

In the gravest sign yet of the international threat posed by Greece’s crippling debt crisis, Mrs Merkel warned for the first time that the eurozone faces a ‘ dangerous’ period.

The beleaguered euro initially fell in the wake of her comments.

There was also fresh speculation that Greece’s international credit rating may be downgraded.

Full article here [1]

“When the people find they can vote themselves money, that will herald the end of the republic.”Fall Of The RepublicBuy the DVD here [2]

Euro in danger as the Greek crisis deepens and Merkel admits currency is at risk  FOTR 340x1692 [2] 

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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/worldnews/article-1253791/Merkel-The-euro-difficult-situation-time.html

[2] Buy the DVD here: http://infowars-shop.stores.yahoo.net/faofreprofba.html

[3] Greece could quit the euro, admits Merkel as global markets are plunged into turmoil: http://www.prisonplanet.com/greece-could-quit-the-euro-admits-merkel-as-global-markets-are-plunged-into-turmoil.html

[4] Moody’s cuts French banks as euro crisis deepens: http://www.prisonplanet.com/moodys-cuts-french-banks-as-euro-crisis-deepens.html

[5] Merkel Says Germany Ready to Do `Whatever Needed’ to Save Euro: http://www.prisonplanet.com/merkel-says-germany-ready-to-do-whatever-needed-to-save-euro.html

[6] Merkel Advisor Feld: “Euro Crisis Will Return Shortly And With A Vengeance”: http://www.prisonplanet.com/merkel-advisor-feld-euro-crisis-will-return-shortly-and-with-a-vengeance.html

[7] The Greek Debt Crisis Escalates: Is Greece Threatening To Leave The Euro?: http://www.prisonplanet.com/the-greek-debt-crisis-escalates-is-greece-threatening-to-leave-the-euro.html

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