2011-07-14silver-prices.net

"Europe's piecemeal approach to resolving its sovereign debt crisis has never worked. Now it is patently failing. Bailouts for three of the weakest economies in the 17-member currency union did not boost confidence in those countries. In fact, the opposite occurred. Greece, Ireland and Portugal are now considered by financial markets to be much more likely to default than they were when first given their respective bailouts."


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