Really, it is a deplorable mess. The guilty parties and their acolytes strut the stage in Brussels and wring their hands in national parliaments. The eurozone is broken, cannot be repaired and should be consigned to the scrap heap. Instead we have the travelling circus of heads of government and EC commissars hell bent on ignoring reality whilst talking of ever closer union.
The price of this disaster is being paid by the citizens of Greece, Cyprus, Italy, Portugal, Spain, Ireland and soon France.
Spain is another nation on the conveyor belt to tragedy. The article below encapsulates the issues.
http://www.telegraph.co.uk/finance/financialcrisis/9585406/Spain-fears-harsh-rescue-terms-from-AAA-Nordic-parliaments.html
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