The economic situation in Greece is red hot but in a negative way, and this has made the euro has experienced a considerable decline of circumstances.
This is a stage where investors are looking hard euro to faces. The high returns that had a few months ago seems to have vanished. But the figures in this respect are strong and sad.
The euro has lost 1% performance against the Swiss franc (The Swiss franc!, Say some). From Wednesday June 15, also lost three cents against the U.S. dollar representative.
The latter is perhaps the most painful. Even the Swiss franc is considered a joke to the current predominance of green in front of the multicolored gringos but devalued euro.
And though it seems that the crisis is not entirely clear, however this is a situation that the economy suffers from many countries. Greece finally bottomed out, according to many reports which speak of a professionalized unprecedented grip as never seen on the market Hellenic.
WE SEE IS A SECOND RESCUE OF GREECE, WHICH APPEARS TO STILL not help much to the current situation of the EURO
The political indecision is also marking the way in terms of market instability operating euro. What to do about the Greek crisis? Is a question facing many heads of state in the Old Continent. They even had to pay more attention to this particular situation than to their own countries.
The austerity measures proposed by Prime Minister of Greece, George Papandreou, have not yet received a definite yes the government of his country.
Then the citizens of Greece have tremendous uncertainty that may derail the slow but sure had experienced, yes a little, its GDP in recent days.
Of course, with the help of other governments and ideas of economists retained to readjust not only financially, but programs to strengthen ways of thinking. Is also still see a second bailout of Greece, it seems that still will not help much to the current situation of the euro.
Euro beaten by Greek Euro crisis crisis beaten by Greek