Euro-Crisis Continues

Politics ♦ Published: June 29, 2012; 12:36 ♦ (Vindobona)

According to RCB, the factional dispute between Germany and France decisive for the eurozone. An easing of the situation is not expected.

Euro-Crisis Continues / Picture: © Wikimedia Commons / Blackfish [CC BY-SA 3.0 (]

"Spain seeking shelter under the rescue package and the optimum outcome of the election in Greece are failing to bring about any significant easing of the cycle of debt. Forecasts call for recession in most parts of the eurozone after the consolidation measures are implemented and with the deterioration of the important economic indicators," reports Peter Brezinschek, Chief Analyst at…