THE RE-CAPITALIZATION OF THE SPANISH BANK SECTOR AND ITALY'S BOND MARKETS TERMED AS THE EURO-CRISIS, THE RESCUE PACKAGES AND THE TIGHTENED FINANCIAL REGULATIONS.
Some European Leaders and many European Union citizens have been disgruntled by the conclusion of the European Union Summit held in the European Union capital Brussel that has been intended for the immediate solution of the problems of the financially weaker member nations termed as the Euro-crisis by tightened financial regulations and financial rescue packages allocated to Spain and Italy, despite the rebound in better financial performance in the European Union and the World's major financial markets that has been attributed to the re-capitalization of the Spanish bank sector and the entire sold out of Italy's domestic and foreign investment bond markets at the fair interest rates that ranged between six to five percent (5%-6%) respectively on the European and the World's financial markets. However, no specification has been set on the required time limit , or rather the grazing period for the financially weaker member nations to rebound to the European Union bank required credit line of the financially and economically weaker European Union countries.
Written by Professor Godfrey Ohia.
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