French election result

Pessimistic Mood Despite Greek and French Election Results

June 18, 2012

European elections yesterday produced results that were as good as could have been expected.  But Spain’s 10-year sovereign debt yield jumped to an 13-year high of 7.13% on unsettling news about the health of Spanish banks.  Parties in Greece committed to remaining in the euro and honoring previously negotiated austerity captured a majority of parliamentary […] More

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