Concerns of a downturn in the 16 member euro area continue to gather pace as the spotlight slowly places focus on the fact that government actions to scale back stimulus measures will put the Euro-Zone at risk for a double-dip recession by the end of the year. Currently, indebted members of the bloc are embarking on austerity measures even though self sustaining procedures have yet to be achieved.

Talking Points

• European Financial Markets Begin to Panic
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European woes continue to remain in the spotlight, and it is unlikely that the lens will change focus in the near term as ballooning budget deficits in the 16-member euro area continue to rattle the markets. Indeed, Europe’s outlook seems to progressively worsen week by week, and we may see the bloc slip back into recession by the end of this year.

Talking Points
• Euro Defines “the Unholy Trinity”
• Concerns increase of Double-Dip Euro-zone Recession
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