Tuesday, 11 December 2012

Problems, problems, problems

The proposed Banking Union continues to cause division between France and Germany and now Van Rumpoy has put his oar in, much to the ire of the Germans:

http://www.spiegel.de/international/europe/berlin-refuses-to-relent-as-banking-union-summit-approaches-a-872021.html

Romania back in the headlines:

http://www.spiegel.de/international/europe/german-commentators-look-at-romanian-election-results-with-concern-a-872247.html

Monti's decision to hold an early general election in Italy has upset the financial markets. Interesting article below:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9735757/Mario-Montis-exit-is-only-way-to-save-Italy.html

http://www.telegraph.co.uk/news/worldnews/silvio-berlusconi/9736542/Mario-Monti-too-German-centric-says-Silvio-Berlusconi.html

http://www.telegraph.co.uk/finance/financialcrisis/9738303/Silvio-Berlusconi-who-cares-about-Italian-borrowing-costs.html

Greece:

http://www.telegraph.co.uk/finance/economics/9738125/Uncertainty-in-Greece-as-buyback-programme-misses-target.html

Update: 12th December:

http://www.spiegel.de/international/europe/analysis-of-chancellor-merkel-euro-crisis-approach-a-872195.html

http://www.spiegel.de/international/europe/french-german-agreement-on-bank-oversight-boosts-hopes-for-eu-deal-a-872428.html


http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9738484/David-Cameron-urged-to-go-into-battle-to-save-City.html













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