Australian Reserve Bank policy meeting minutes

Fear Persists of Euro Crisis Contagion

June 19, 2012

At the G20 Summit in Los Cabos, Mexico, IMF resources to handle Europe’s crisis was raised sharply to $456 billion, but markets still doubt if contagion can be stopped.  A new Greek government has still not been fleshed out. Spanish auctions of 12- and 18-month T-bills raised as much capital (EUR 3 billion) as sought […] More