EU Deal for Spain May Have Little Effect
June 29 (Bloomberg) -- Uwe Parpart, chief strategist and head of research at Reorient Financial Markets Ltd., talks about Europe's sovereign debt crisis and the European Union summit.
Euro-area leaders agreed to ease repayment rules for emergency loans to Spanish banks and relax conditions on potential help for Italy as an outflanked German Chancellor Angela Merkel gave in on expanded steps to stem the debt crisis. Parpart speaks with Rishaad Salamat, Susan Li, John Dawson and Zeb Eckert on Bloomberg Television's "Asia Edge." (Source: Bloomberg)