All is now ok, they say

Well, according to the head of the Euro zone Finance Ministers, Juncker and EU head Rehn, we have nothing more to fear with Greece, Ireland and Portugal, let alone Spain or anyone else. Rehn said the debt crisis is now contained around those three countries and they’ve prevented a “financial meltdown.” Juncker said not only is he “optimistic” on Greece, he has “very few concerns on the subject of Portugal and Ireland.” They’ve sprinkled the pixie dust of cheap financing and our worst concerns should now be assuaged they say.

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