Worse and worse

The pressure is mounting on the eurozone and Germany in particular to find a long term solution to the structural deficiencies of the zone.

http://www.telegraph.co.uk/finance/financialcrisis/9327825/Debt-crisis-Bundesbank-scuppers-all-talk-of-EU-banking-union.html

http://www.telegraph.co.uk/finance/financialcrisis/9328156/George-Osborne-Greek-euro-exit-may-be-needed-to-convince-Germany-to-take-action.html

http://www.telegraph.co.uk/finance/comment/damianreece/9327862/Italys-debt-worries-add-urgency-to-Merkels-dream-of-integration.html

http://www.telegraph.co.uk/finance/financialcrisis/9328081/Mario-Monti-insists-Italy-will-not-need-a-bailout.html

http://www.independent.co.uk/news/world/europe/spanish-bond-yields-at-record-high-as-fitch-downgrades-18-banks-and-financial-contagion-spreads-to-italy-7844804.html



I published this on my previous post.  Frightening:

http://www.spiegel.de/international/europe/the-germans-have-learned-nothing-from-history-a-838429.html

UPDATE:

http://www.telegraph.co.uk/finance/financialcrisis/9328606/EU-in-social-emergency-says-EC-chief-Jose-Manuel-Barroso.html
This could, indeed should, have been said two years ago.

http://www.telegraph.co.uk/finance/financialcrisis/9329614/Debt-crisis-Bailed-out-Spain-pleads-for-aid-from-European-Central-Bank.html

http://www.spiegel.de/international/europe/eu-may-renegotiate-the-terms-of-the-greek-bailout-to-soften-austerity-a-838583.html

http://www.spiegel.de/international/europe/italian-economy-struggling-as-euro-crisis-visits-rome-a-838598.html