7 Dec 2011

CrossTalk on Merkozy: Averting Euro Doomsday?

Can European politicians secure a future for the Euro? Will the common currency outlive the political terms of Sarkozy and Merkel? How much pressure will the markets be able to sustain? Are France and Germany's credit rating downgrades only a matter of time? Will the upcoming Friday meeting be another bitter pill for the markets to swallow? Will the Euro reach a point of no return - and if it does, what will be the final blow? Is the Eurozone too big to fail? Source