Thursday, 26 July 2012

ECB to the rescue?

http://www.telegraph.co.uk/finance/financialcrisis/9428894/Debt-crisis-Mario-Draghi-pledges-to-do-whatever-it-takes-to-save-euro.html

http://www.spiegel.de/international/europe/markets-surge-after-ecb-president-mario-draghi-vows-to-protect-euro-a-846629.html

But see:

http://www.telegraph.co.uk/finance/financialcrisis/9430537/Sceptics-abound-as-Mario-Draghis-ECB-bond-bluff-electrifies-global-markets.html

Other news.

http://www.spiegel.de/international/europe/greeks-anticipating-the-worst-from-troika-verdict-on-reform-progress-a-846588.html

http://www.spiegel.de/international/europe/euro-crisis-gains-steam-as-credit-agency-casts-doubt-on-efsf-a-846298.html

http://www.spiegel.de/international/europe/efsf-rescue-fund-may-buy-spanish-bonds-to-cut-spanish-borrowing-costs-a-846510.html

http://www.telegraph.co.uk/finance/comment/jeremy-warner/9427671/Why-a-eurozone-break-up-is-just-the-sort-of-shock-the-UK-needs.html




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