US

Why All Of The Optimism Over The EU Summit Has Now Come unravelled

Just a few days ago, people were talking Europe having made a breakthrough, as EU leaders seemed to agree on news ways of recapitalizing banks. Now: everything is unravelling, as borrowing costs and CDS spreads in Europe shoot back up. In this brief video, we explain what happened.

Produced by Daniel Goodman


Don’t Miss:
Here’s A 50-Second Guide To This Morning’s Surprise Chinese Rate Cut

What The Most Successful People Do In The Morning

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.