European economic sentiment
Confidence in Europe Hurt by Cyprus Situation
March 27, 2013
Cypriot banks will reopen tomorrow with capital controls. Uninsured large depositors have taken a big hit. The euro sank as low as $1.2787, its weakest dollar value since November 21, 2012. There is fear of contagion in Europe. While stocks in the Pacific Rim closed mostly higher, European equities are down 1.7% in Spain, 1.2% […] More
