Friday, 7 September 2012

Mario is doing his best but it is too little too late...

Mario Draghi has overpassed expectations in his attempt to calm the markets...


Mario Draghi
ECB president Mario Draghi has announced a plan to buy bonds from weak countries in a bid to save the single currency. Photograph: Johannes Eisele/AFP/Getty Images
Stock markets soared on both sides of the Atlantic on Thursday after Mario Draghi, the president of the European Central Bank, unveiled a plan to save the euro by buying up the bonds of distressed eurozone countries such as Spain and Italy in unlimited quantities.

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but...
is this going to be enough for the troubled economies of Greece, Spain, Italy? probably not...

in the mean time, in Greece, the official unemployment is more than 24% and the youth unemployment is about 55%...
Mario is too late...to give some hopes of recovery...

and now...let's forget Mario and play Mario Cart, it's better fun...




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