Risk on, but for how long?

Positive sentiment returned to the markets this week after German chancellor Angela Merkel said Europe was ready to act to ensure stability in the eurozone.

9th June, 2012
'Pressure is building on Spain to accept the terms of a bailout plan'.

Positive sentiment returned to the markets this week after German chancellor Angela Merkel said Europe was ready to act to ensure stability in the eurozone. Merkel said that Germany is ready to back the use of all euro-area instruments to help stabilise the 17 nation euro region.

Merkel's comments were made against the backdrop of further negative developments in Spain after rating agency Fitch cut Spain's sovereign rating to BBB from A with a negative outlook,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago