Best European Stocks To Buy Now

[ April 20, 2012 | Author: admin | Views: 39719 | Weather: | Mood: normal]

  The European sovereign debt crisis is over. Italy and Spain have been stabilized, and all major players — including German Chancellor Angela Merkel and European Central Bank President Mario Draghi — know what needs to be done. We can all breathe a sigh of relief.   And if you believe that, to borrow a line from country singer George Strait, I’ve got some oceanfront property in Arizona I’d like to sell you.   The crisis is not over. It will be months or even years before this long saga finally plays out. The good news is that the ECB’s offer of virtually unlimited credit to banks means the risk of a 2008 Lehman Brothers-like meltdown has receded. But the bad news is that it often takes years to recover from the hangover of a debt crisis. Best European Stocks To Buy: TotalFinaElf S.A. (TOT) TOTAL S.A., together with its … Continue reading