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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 
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.
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URLs in this post:
 UK Daily Mail: http://www.dailymail.co.uk/news/worldnews/article-1253791/Merkel-The-euro-difficult-situation-time.html
 Buy the DVD here: http://infowars-shop.stores.yahoo.net/faofreprofba.html
 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
 Moody’s cuts French banks as euro crisis deepens: http://www.prisonplanet.com/moodys-cuts-french-banks-as-euro-crisis-deepens.html
 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
 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
 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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