Doom and gloom (3)

On the way to perdition or salvation?  The euro saga continues.

http://blogs.independent.co.uk/2012/06/04/christine-lagardes-fairytale-world/

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9309669/The-week-that-Europe-stopped-pretending.html

http://www.independent.co.uk/news/world/europe/germany-baulks-at-spains-plan-for-for-bailout-of-banks-7815165.html

http://www.spiegel.de/international/europe/berlin-wants-spain-to-accept-bailout-as-developing-world-sheds-euro-a-836820.html

http://www.telegraph.co.uk/finance/financialcrisis/9311361/Debt-Crisis-Greek-Euro-exit-may-cost-UK-5bn.html

http://www.spiegel.de/international/europe/why-germany-must-give-up-power-to-save-the-euro-a-837063.html

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100017648/nein-nein-nein-again/

http://www.bbc.co.uk/news/business-18328774
G7 crisis talks as as eurozone storm clouds darken.

UPDATE:

http://www.telegraph.co.uk/finance/financialcrisis/9312326/Spain-makes-plea-for-EU-aid-for-troubled-banks.html