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Tuesday, 23 June 2015

Greece - market relief?

This may be just a blip but the FTSE 100 share index bounced back today on the news that Greece has been "saved" in the short-term, although they still have a massive debt to repay and Greece is in a real mess. As I see it, this is a temporary situation and Greece is still in deep trouble. The simple fact is that the Euro could simply fall apart if Greece defaults and Germany would be left with huge losses and they are desperate to avoid this.

No, the Euro is still in deep trouble. This crisis has a way to go yet. There is trouble ahead for sure.

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