Euro woes continue

the UK press and political gossip has been concentrating on the spat between Edinburgh and London over the issue of a referendum on independence for Scotland.

However, the problems in the eurozone continue.  The following articles may be of interest:

http://www.telegraph.co.uk/finance/financialcrisis/9016673/Traders-brace-for-eurozone-crisis-fallout.html

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9016372/Eurozone-banks-ECB-borrowing-set-to-soar.html

http://www.telegraph.co.uk/finance/financialcrisis/9018190/Greece-sends-officials-to-US-as-default-fears-grow.html

http://www.telegraph.co.uk/finance/financialcrisis/9018221/Portugals-borrowing-costs-soar-as-France-passes-first-bond-auction-test.html

http://www.spiegel.de/international/europe/0,1518,809374,00.html
Why ECB's tricks won't solve the crisis.

http://www.spiegel.de/international/business/0,1518,809341,00.html

UPDATES 17.01.2012

http://www.telegraph.co.uk/finance/financialcrisis/9019093/Eurozones-big-bazooka-bail-out-fund-is-left-in-tatters-by-SandP-downgrade.html

http://www.spiegel.de/international/europe/0,1518,809549,00.html
Italy warns of backlash.

http://www.telegraph.co.uk/finance/comment/jeremy-warner/9018651/When-oh-when-will-Europe-face-the-truth.html

http://www.telegraph.co.uk/finance/comment/alistair-osborne/9019131/Merkel-wont-be-the-one-smiling-if-Germany-loses-its-AAA-rating-too.html

http://www.telegraph.co.uk/finance/financialcrisis/9019819/Stiglitz-says-European-austerity-plans-are-a-suicide-pact.html

http://www.telegraph.co.uk/finance/financialcrisis/9020449/EU-bail-out-fund-sees-strong-demand-in-bond-sale.html
A glimmer of better news.