BMO Experts Available To Comment on Latest Developments in the Eurozone

Marketwired

TORONTO, ONTARIO and CHICAGO, ILLINOIS--(Marketwire -06/18/12)- The situation in Europe will surely be at the top of the agenda at the G20 meetings taking place in Mexico today.

The Eurozone continued to dominate headlines over the weekend. The latest developments included:

 

-- Greek voters gave a majority mandate to political parties supporting the
country's economic bailout, which eased worries about a break up of the
Eurozone.
-- However, Spain bond yields shot up 22 basis points to 7.14 per cent -
beyond the level that forced Greece, Ireland and Portugal to seek
bailouts.
-- Additionally, Italy's bond yields rose 15 basis points to a worrying
6.08 per cent.

Paul Taylor, CIO, BMO Harris Private Banking (Toronto) and Jack Ablin, CIO, Harris Private Bank (Chicago) are available to help put the latest news from Europe in context for North American investors. Topics they can address include:

 

-- Do the election results in Greece hold the promise of some degree of
stability for the markets?
-- What countries might be next in line to seek a bailout?
-- Are there measures the G20 can adopt to address the ongoing crisis in
the Eurozone and, if so, will there be the political will to do so?
-- What should North American investors watch for this summer? Where is the
smart money going?

Contact:

Media contacts:
Amanda Robinson, Toronto
(416) 867-3996
amanda.robinson@bmo.com
Jim Kappel, Chicago
(312) 461-2478
Jim.Kappel@harrisbank.com

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