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Global markets worries ahead of EU summit

The financial market is concerned that the EU summit this week will fail to solve the sovereign debt crisis.(the week ahead, Ib Fredslund Madsen, The Senior Strategist, Greece, Germany, Spain, EU summit)

The two-day EU summit in Brussels starting June 28 is the first meeting of European leaders since Greek parliamentary elections on June 17 that saw victories for pro-bailout parties. France and Italy are urging Germany to take decisive action to end the debt crisis, now in its third year.

The Senior Strategist Ib Fredslund Madsen expects three main subjects at the European Union summit; the future structure of the EU, the growth stimulus and thirdly there is the situation in Spain and Greece.

According to Ib Fredslund Madsen investors want to see what direction the summit's outcome will point to. It's very unclear what specific agreements may actually be made.

Legal information

 

Global markets worries ahead of EU summit

June 26, 2012 11:00 AM

The two-day EU summit in Brussels starting June 28 is the first meeting of European leaders since Greek parliamentary elections on June 17 that saw victories for pro-bailout parties. France and Italy are urging Germany to take decisive action to end the debt crisis, now in its third year.

The Senior Strategist Ib Fredslund Madsen expects three main subjects at the European Union summit; the future structure of the EU, the growth stimulus and thirdly there is the situation in Spain and Greece.

According to Ib Fredslund Madsen investors want to see what direction the summit's outcome will point to. It's very unclear what specific agreements may actually be made.

Legal information

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