May 13, 2010 at 09:59 AM EDT
Why The European Bailout Is Just Postponing The Inevitable
Earlier this week, European leaders announced a nearly $1 trillion rescue plan to potentially bail out highly indebted EU countries. Markets initially cheered the news, with Spanish and Italian markets leading the way; the iShares MSCI Spain Index Fund (EWP) soared higher by more than 14% on the news while the iShares MSCI Italy Index [...] Original Post Related Stories: Europe ETFs Plunge On Debt Downgrades Six ETFs To Watch As Greek Drama Unfolds Spain ETF Sinks After Portugal Downgrade
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