View full page at forexfactory.com

 

Spain’s Guindos Says Future of Euro at Stake in Spain

From bloomberg.com

Spanish Economy Minister Luis de Guindos said the future of the euro is at stake in Italy and Spain, as data showed a net 66 billion euros ($82 billion) of capital left the country in March. “The future of the euro is going to be at play in the next weeks in Spain and Italy,” he told a conference in Sitges, Spain yesterday. “I don’t know if we’re on the edge of the precipice, but we’re in a very, very, very difficult situation.” The euro region needs to integrate further in order to overcome the crisis and de Guindos said he expected “signals” in the coming days and weeks on integrating deposit-guarantee funds and ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News