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Merkel Regrets Greece Joining the Euro

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In a rare outburst, German Chancellor Angela Merkel has said Greece should never have been allowed to join the single currency.

Speaking at a rally ahead of elections on September 22, Merkel told a crowd of around 1,000 German voters that the debt crisis in Greece had been “brewing for many years” and blamed her predecessor, Gerhard Schroeder, from the rival social democrat party for letting Greece join the euro.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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