MINIMAL RECESSION AND SLIGHT DEVALUATION OF THE EUROPEAN CURRENCY HAS REINFORCED POLITICAL DEBATES AND ECONOMIC FORUMS FOR THE RECAPITALIZATION OF UNDER PERFORMING BANKS IN THE EUROZONE.

MINIMAL RECESSION AND SLIGHT DEVALUATION OF THE EUROPEAN CURRENCY HAS REINFORCED POLITICAL DEBATES AND ECONOMIC FORUMS FOR THE RECAPITALIZATION OF UNDER PERFORMING BANKS IN THE EUROZONE.

       The current minimal recession in the European Union financial markets that has slightly devaluated the European Union currency the Euro has reinforced political debates and economic forums on the recession believed by some people , particularly the European Union finance experts as the current recession that may eventually lead to further Euro-crisis and caused, or hinder better financial performance and economic growth in the Eurozone, if nothing is done against at the right time as required. However, some finance experts have indicated the effectiveness and weakness of the American Investment Banks better financial prospects, or loses verses the European Union  financial packages in bailout offered to the Eurozone member countries that have been affected, or hit hard by the European Union Austerity Measures, besides the European Bank and the Deutsche Bank measures to recapitalize under performing banks in the Eurozone.

                                                  Written by Professor Godfrey Ohia.