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Showing posts with label Heard on the Street. Show all posts
Showing posts with label Heard on the Street. Show all posts

Wednesday, March 23, 2011

WSJ: Political Risk Rising in Europe

HEARD ON THE STREET|MARCH 23, 2011, 9:05 A.M. ET
Political Risk Rising in Europe

By RICHARD BARLEY

The euro-zone crisis may be back. The Portuguese minority government faces a key vote on austerity measures Wednesday, and Prime Minister José Sócrates has said he will resign if the opposition doesn't support them. The chance Lisbon will have to ask for aid from the euro zone is rising. But this is just the most imminent political risk; national and European interests are colliding from Helsinki to Dublin.