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Again Europe

If the United States came up with positive news for investors which refer to the University of Michigan’s sentiment today released at 83.7 (the maximum of the last five months), for Europe the situation may not be the same. The countries of Euro zone are now dealing with the fact that Germany may lose its top economy position. If this country doesn’t make changes and doesn’t implement reforms, things may get worse. Moreover, economist are getting worry about the cut of interest rate as a solution to the present problems. This solution which may give results now, can also lead to a misallocation of capital and more difficulties for the future. Again, the union banking seems to be the solution that is expected to be implemented as soon as possible and to solve a lot of problems, maybe too many for its potential.

Again Europe by