Spreadex Market Update
Euro markets open firmly
In addition, news reports that EU policy officials are set to remove the rigid financial chains imposed by Germany in an attempt to help control rising unemployment across the Eurozone is also being applauded by investors. Clearly investors were concerned that the measures were too draconian and would stunt growth in some Eurozone nations.
However, it would be interesting to see whether the announcement will impede Germany’s support for struggling Eurozone nations in the long-term as EU officials seem to no longer want to sing to Germany’s tune.
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