European Crisis

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Euro zone economic sentiment falls to near 3-year low | Reuters

(Reuters) – Euro zone economic sentiment fell more than expected in May, as pessimism among manufacturers and retailers in particular worsened, although consumers became slightly less downbeat about the economy for the year ahead. The European Commission’s economic sentiment index slipped by 2.3 points in the 17-nation euro zone to 90.6, lower than the 92.0…

Taleb Says Euro Breakup ‘Not a Big Deal’ as U.S. Scariest – Bloomberg

Nassim Taleb, author of “The Black Swan,” said he favors investing in Europe over the U.S. even with the possible breakup of the single European currency in part because of the euro area’s superior deficit situation. Europe’s lack of a centralized government is another reason it’s preferable to invest in the region, said Taleb… A…