Global markets worries ahead of 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.