The European Central Bank has helped soothe short-term sovereign debt worries in Europe, but long-term competiveness must be improved for the crisis to fully fade away, says Morningstar's Dave Sekera.
Morningstar's Matt Warren thinks the European Central Bank must build a firewall around failing European nations and banks or the crisis could spread across the globe.
Merk Funds' Axel Merk says the European Central Bank will spend and print less money than the Fed in the face of economic problems.
While liquidity may provide temporary relief, only debt reduction--and a creditor haircut--will put Europe back on the road to growth, says TCW's Komal Sri-Kumar.
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