Euro update

A few interesting articles on the day Spanish and Italian borrowing costs rose above where they were before the last EU summit.  Tuesday is a key day in Germany with a hearing in the Constitutional Court.

http://www.telegraph.co.uk/finance/financialcrisis/9387970/Debt-crisis-ECB-pledges-action-as-southern-Europe-buckles.html

http://www.spiegel.de/international/europe/european-bank-oversight-plan-could-threaten-ecb-independence-a-843420.html

http://www.telegraph.co.uk/finance/financialcrisis/9385231/German-president-tells-Angela-Merkel-to-come-clean-on-EU-debt-deal.html

http://www.spiegel.de/international/germany/german-president-joachim-gauck-criticizes-merkel-on-euro-policies-a-843340.html

http://www.spiegel.de/international/germany/the-battle-of-the-german-government-with-the-constitutional-court-a-843311.html

Update:

http://www.telegraph.co.uk/finance/financialcrisis/9388106/Eurozone-offers-Spain-30bn-urgent-funding.html

http://www.spiegel.de/international/europe/euro-group-agrees-to-lend-spain-30-billion-euros-a-843502.html

http://www.nucleus.uk.net/home/item/clear-as-mud?category_id=1