Monday, June 7, 2010

Eurozone nations set up US$1 trillion bailout fund

Eurozone nations set up US$1 trillion bailout fundHow long can Eurozone last ? How much it has in the treasury coffer to save its economy ?Last time when I read in local newspaper reported that there were financial groups/hedge funds planning to take EUR/USD downs to 1.0000, I thought it is a joke. Now, it seems will become a reality soon just a matter of time.