The problem is that there are so many issues:
- The form and duration of the next Greek government
- The ability of Italy to implement austerity measures
- The ongoing problems in Portugal, Spain and Belgium
- Bank liquidity
- The inability to fund the SPV and ESEF
- The role of the ECB
- The role of the IMF
- The structural deficiency of the eurozone, namely lack of fiscal and political union
- The concern that there might be a two-tier EU
- The concern that Germany, aided by France, are 'bullying' other countries
- The position of the UK in the EU
- The reaction of financial markets.
http://www.telegraph.co.uk/finance/g20-summit/8868676/Britain-poised-to-provide-billions-for-new-rescue-package-as-euro-crisis-deepens.html
http://www.telegraph.co.uk/news/worldnews/europe/eu/8870248/The-European-Unions-journey-towards-ever-closer-union-has-screeched-to-a-halt.html
http://www.telegraph.co.uk/finance/financialcrisis/8871619/Greek-opposition-leader-calls-for-early-elections.html
http://www.spiegel.de/international/europe/0,1518,795900,00.html
http://www.dailymail.co.uk/debate/article-2057791/When-Empress-Europe-French-poodle-learn.html
http://www.bbc.co.uk/news/world-europe-15604169
No comments:
Post a Comment