The second quarter has been plagued with resurfacing euro fears as a number of nations in the currency bloc have fallen prey to this crisis. At the head of it all is Greece, who has been in financial trouble for several years and has needed not one, but two austerity packages from groups like the EU and IMF. But recent months have seen other countries emerge as having similar issues, leading many to believe that a secession from the euro for several nations is not too far off. Of those who have been struggling, Spain has been one of the hardest hit [see also 5 Things To Watch Out For In International Equity ETFs]. At the end of last month it was confirmed that Spain had officially slipped into a recession, as it had contracted by 0.3%. “Still reeling from the collapse of a property market bubble, Spain is seeking to enact [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: EWP, IYE, XLK 5 Things To Watch Out For In International Equity ETFs Ten Unexpected Observations On YTD ETF Returns Eric Dutram Discusses ETFs And The European Debt Crisis On BNN Highlighting The PIIGS ETFs
The second quarter has been plagued with resurfacing euro fears as a number of nations in the currency bloc have fallen prey to this crisis. At the head of it all is Greece, who has been in financial trouble for several years and has needed not one, but two austerity packages from groups like the EU and IMF. But recent months have seen other countries emerge as having similar issues, leading many to believe that a secession from the euro for several nations is not too far off. Of those who have been struggling, Spain has been one of the hardest hit [see also 5 Things To Watch Out For In International Equity ETFs]. At the end of last month it was confirmed that Spain had officially slipped into a recession, as it had contracted by 0.3%. “Still reeling from the collapse of a property market bubble, Spain is seeking to enact [...]
Click here to read the original article on ETFdb.com.
Related Posts:
