Tuesday, 18 October 2011

The bad news keeps on coming

The travails of the eurozone continue.  Problems now concerning the potential loss of France's 'AAA' rating, EFSF leverage and deep division within euroland about how to tackle the sovereign debt/banking crises.

This blog has trawled over the issues, so for the time being I am merely listing articles which may be of interest.

http://www.spiegel.de/international/business/0,1518,792229,00.html

http://www.spiegel.de/international/europe/0,1518,792259,00.html

http://www.telegraph.co.uk/finance/financialcrisis/8832798/Berlin-experts-fear-euro-break-up-from-bail-out-escalation.html

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100012681/a-leveraged-efsf-is-pure-poison/

http://www.telegraph.co.uk/comment/telegraph-view/8831689/No-more-dithering-the-eurozone-must-act.html

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