Talks have begun to develop regarding the idea of other European governments agreeing "in principle" to help Greece. This will most likely come through loan guarantees. It really is the last option as the, "European Investment Bank has ruled out its involvement in a bailout, direct EU aid has been eliminated as a possibility and the European Commission vetoed suggestions of IMF involvement. If Greece is indeed bailed out, it will mark the first rescue of a eurozone member since the currency was launched 11 years ago." Will they follow in the footsteps of the U.S.?
Group 3
WSJ Article
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Past performance is not indicative of future results. Neither MII nor the Blog's authors guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the blog. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested.
Investments or strategies mentioned on this blog may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on the blog.
Before acting on information on the blog, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Please contact us here with any inquiries.
For additional information, please visit our website at www.miiclub.org
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