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Eurozone Crisis Weighs On Money Market

Forbes - 26 Mar 2013 15:35
Eurozone Crisis Weighs On Money Market Good luck with the next bailout Europe -- in all likelihood that’s what the Russians are saying or at least they should be. Watching the EUR/RUB plummet yesterday in a hair's breadth appeared to be the beginning of long drawn out retaliation plan to a possible +40% Cypriot deposit haircut on accounts not arbitrarily protected. Mind you, this market needed very little Russian help to pummel the 17-member single unit down to current size. Jeroen Dijsselbloem, who heads the Eurogroup of Euro...
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