The state of the euro and what it means for America
America and the world will be watching Europe this fall as European leaders try to strengthen the Euro before the euro zone can be weakened any further. The European Central Bank President Mario Draghi will be unveiling new measures this week that will widen the scope of the ECB’s power over all European banks. These measures promise to further centralize the funds within the EU to the ECB, allowing countries such as Greece and Spain to obtain bailouts more easily.