It was an uncomfortable week for investors. After a first quarter of an almost constantly rising share prices, markets were reminded that we are still sitting on the fence. The reappearance of Spain’s debt problems was a reminder that the euro crisis is far from over.
And the ECB warned us that these problems pose a real risk to recovery. Business Weekly’s presenter Stefan Grobe talks about this with Eimear Daly, a foreign exchange analyst at Schneider Foreign Exchange in London.
The fact that the recovery remains shaky was also just confirmed by gloomy unemployment figures in the eurozone.