DESPITE POSITIVE POLITICAL CHANGES IN SPAIN AND GREECE THE INVESTMENT PREDICTION BASED ON POLITICAL CHANGES COULD MEAN A BAD OMEN FOR MANY INVESTORS.
The European Union Finance Ministers meeting held in the European Union capital Brussel yesterday has had no, or minimal effect in the financial markets around the World in the last fourty eight hours than in the previous meeting held for the debates on the approval of the financial packages for Spain and Greece, despite the Spanish government documented acceptance of the European Union financial package that has been estimated at the sum of a hundred billion euros for the finance and recovery of its bank sector that collapsed last month and Greece vote of confidence for the newly formed coalition government of the three political parties headed by the Social Democrats and the New Democratic parteis that have ceased political crisis in the Greek system of government for more stable government with better Saving plans and economic prospects. However, all the changes in policies and the system of governments of the member nations could mean a bad omen for the Investors that have invested in the financial markets in the last few weeks and days, due to positive prediction made on the European Union policies on Spain and Greece, inspite of the minimal downtrend in the stock markets and the currency value of euro against the USA dollar in the last fourty eight hours since the second announcement of the allocation of the hundred billion euros for Spain.
Written by Professor Godfrey Ohia.
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