Euopean Central Bank Removes Risk Of Global Crisis

Apr 18, 2012
Originally published on April 18, 2012 5:50 am

The turmoil in Europe appears to have died down, at least for now. Interest rates have fallen except for Spain. European Central Bank officials say they have contained the crisis — even if a recession occurs. But not everyone is so sure, and the recent rise in interest rates in Spain is making some investors nervous.