Friday, November 26, 2010

Euro Zone Debt Crisis Escalates

Thomson, Fottrell & Roman, WSJ
BERLIN—The euro zone's sovereign debt crisis escalated Friday as the market homed in on Spain as another potential weak spot, leaving officials scrambling to quell investors' fears.Spanish Prime Minister Jose Luis Rodriguez Zapatero moved to dispel the growing anxiety surrounding the country's fiscal position Friday, saying there was "absolutely" no chance the euro zone's fourth-largest economy would seek a bailout from the European Union.

Source: http://www.realclearpolitics.com/2010/11/26/euro_zone_debt_crisis_escalates_246380.html

Mike Johanns Mitch McConnell Nancy Pelosi Newt Gingrich Olympia Snowe

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