Russell Investments have provided the attached economic update, which I am pleased to share with you.
Update from EMEA overnight: Eurozone Crisis: Greece fears hit world markets.
John Velis, Head of Capital Markets Research, EMEA, provides his thoughts about
where the Eurozone economies might be heading.
Key issues addressed:
- Will Greece be forced to default?
- What is the status of the EFSF?
- Dexia Bank liquidity crisis?
- What is the role of ECB?
- What is the solution and timeline of events?
So, if you’re a little concerned about what’s happening in Greece, and Europe as a whole, please enjoy the read here: Russell Market Pulse October 2011
I’d love to hear your thoughts too… how do you think the situation will play out? What else do you believe Policy makers should be considering?
One suggestion has been for Greece to start selling islands!! Let me know what you think!