Financial Friday: A Tale of Two Europes

European leaders have pledged a safety net to save Greece from its debt problems. But the situation creates a moral dilemma among Eurozone members.(Peter Skøttegaard Øemig, Brian Woodward, Greece, Angela Merkel, euro)

The European leaders on Thursday pledged to help Greece with the 53 billion Euro in financing it needs to cover its deficit and debt obligations this year and in the future. Although still not specific, the pledge was an unprecedented move in the 11 year history of the Euro, whose 16 member countries have always viewed financial independence and economic sovereignty as paramount.

Senior Analyst Peter Skøttegaard Øemig joins us in the studio to talk about how Europe arrived at this split and whether all the concern about Greece leaving the Euro cooperation is - or ever was - realistic.  Investors should now begin keeping a close eye on Spain and Italy, he says, because if they get into trouble, even Germany and France will not be able to bail them all out.

Legal information

 

Financial Friday: A Tale of Two Europes

February 12, 2010 02:07 PM

The European leaders on Thursday pledged to help Greece with the 53 billion Euro in financing it needs to cover its deficit and debt obligations this year and in the future. Although still not specific, the pledge was an unprecedented move in the 11 year history of the Euro, whose 16 member countries have always viewed financial independence and economic sovereignty as paramount.

Senior Analyst Peter Skøttegaard Øemig joins us in the studio to talk about how Europe arrived at this split and whether all the concern about Greece leaving the Euro cooperation is - or ever was - realistic.  Investors should now begin keeping a close eye on Spain and Italy, he says, because if they get into trouble, even Germany and France will not be able to bail them all out.

Legal information

Subscribe for comment updates

JYSKE BANK

LATEST VIDEOS

Keyplan Mortgage July 7, 2010 08:47 AM The Woodward Report: In search of The Big Idea in Cannes June 28, 2010 03:20 PM The Woodward Report: The World's Best June 17, 2010 09:55 AM Interview with investmentguru Ken Fisher June 15, 2010 08:49 AM Back to the Sixties June 10, 2010 03:00 PM Invitation: Seminar on Post-Crisis Wealth Management Aug. 25 - 29 June 10, 2010 02:45 PM The new Algarve June 9, 2010 02:56 PM

LATEST COMMENTS

brunoDID HE SAY A RARE INTERVIEW?but Fisher is everywhere, TV, newspapers, internet and on both side of the pound.Eve... Mark LercheWhat an excellent product! A pleasure to follow the Woodward Report's focuses. Math JanssenWeert is not in the northern part of the Netherlands but it is in de southern province of the Netherlands Limburg

Keyplan Mortgage

Do you have the experience of investing in property abroad? We have the experience in handling mortgages.
Watch video

The Woodward Report: In search of The Big Idea in Cannes

The Woodward Report goes to the Cannes Lions International Advertising Festival in search of the "Next Big Idea" that could change the way we commu...
Watch video

The Woodward Report: The World's Best

What does it take to be the world’s best? We spoke to three ”world champions” to try and find their secret recipe.
Watch video
“I will have my suits made here. Not just because I'm posh, but because it’s good value for money.” Mads Qvortrup, financial commentator, on his way to a Savile Row tailor. Watch video

The new Algarve

For many years the Algarve coast has been a top destination among tourists. But today newly constructed properties are available for interested buy...
Watch video

Invitation: Seminar on Post-Crisis Wealth Management Aug. 25 - 29

Jyske Bank Private Banking and Jyske Global Asset Management invite you to the 9th Global Wealth Management Seminar in Copenhagen the week of Augus...
Watch video

Back to the Sixties

Chris Andrews, Pussycat and the Thunderstrings. For one evening the sixties was brought back to life in Weert in the northern part of the Netherlands.
Watch video

Gibraltar: An English territory with southern characteristics

Gibraltar has always had a strategic role. Earlier the British used the colony as naval base and today the financial sector and the harbour are of...
Watch video
Favourites – Jyske Bank
Jyske Bank © 2008-2010