Euro Zone Debt Crisis & to Buy Penny Stocks

Within Euro zone debt crisis that effects global economic growth, many countries demand help such as Greece and Portugal. So in 16th May 2011, in European Stability Mechanism meeting at the EU headquarters in Brussels, Belgium, European finance ministers and International Monetary Fund (IMF) agree to aid Portugal country with aid package about 78,000 million euros (or 110000 million dollars) on condition Lisbon embarks on a major raft of public sell-offs, with this many euros, it will cover the financing needs of Portugal for 3 years.

Beside this, IMF warns EU debt crisis may yet spread to core countries in Euro zone, despite bailouts for Greece, Ireland and Portugal and it's hard for investors for deciding to invest penny stocks. When you take a look at situation in Greece, we mean Greece financial crisis plus with Greek protesters riot, investors would follow these events for deciding.

Next, let's take a look in penny stock world.

Jammin Java Corp. (OTCBB:JAMN) is down 40% at $3.00.

Baristas Coffe Company (OTC:BCCI) is up $0.84.

Lithium Exploration Group (OTCBB:LEXG) is up over 40% at $2.57.

Smokefree Innotec Inc. (OTC:SFIO) is up 30%.

Source: Penny Stock Classroom, Wiki