The market shutdown reflects uncertainty over the extent of restructuring needed for the cajas.
ECONOMIST: The euro crisis
The stock has traded narrowly over the past three months as uncertainty looms over the extent of its European losses.
FORBES: GM Earnings Should Keep Cruising On Strong U.S. And China Sales
In any case, ending political uncertainty might merely highlight the extent of fundamental economic problems which many countries face.
ECONOMIST: Helping Iraq, and the world, to recover | The
There is still great uncertainty about the nature and extent of the support that governments will end up offering to their banks.
ECONOMIST: Rebuilding the banks
There is also a share-price discount for uncertainty, the biggest element of which is the extent of American military reprisals and what reaction, if any, that will prompt from Osama Bin Laden and his followers.
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The extent to which private-sector involvement can be smoothly and successfully implemented also remains a key source of uncertainty.
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