Europe has officially crossed the threshold into deflation this week, on top of that, economists and Eurozone officials are concerned with a Greek “anti-austerity” political party continuing to grow in popularity. If they are able to come to power in Greece, they have said they would make a push to exit the EU and drop the Euro, which would have very serious consequences for the entire Eurozone. As of right now, there is a set of elections in Greece that is due to take place January 25. This will be a very key date for the Euro and the EU. …
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