Wednesday 12 October 2011

Eurozone crisis lumbers on....Slovakia, Finland, Barroso

I see the Brain of Brussels has come up with a plan.  Naturally it involves great integration and more power for the European Commission.  Loved this in the Daily Telegraph (see first link below).

The “roadmap” for the eurozone sketched out yesterday by the European Commission president, Jose Manuel Barroso, was as meaningless as it was pompous. The former Maoist has no say in the matter.

The end game to the fiasco of the eurozone will be to heap more taxes on the poor bloody infantry, the citizens, and further extension of the democratic deficit. 

See the final link: an article about Finland, fiscally strong but possibility of leaving euroland?

Links below to articles which may be of interest:

http://www.telegraph.co.uk/finance/financialcrisis/8769836/Coalition-fiscal-policy-is-under-scrutiny-because-for-all-the-talk-were-no-nearer-to-the-end-of-this-economic-crisis.html
http://www.bbc.co.uk/news/business-15279017
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100012571/even-a-slovak-yes-will-make-no-difference/
http://www.bbc.co.uk/news/world-europe-15271141
http://www.spiegel.de/international/europe/0,1518,791489,00.html
http://www.spiegel.de/international/europe/0,1518,791717,00.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8823122/Mario-Draghi-fears-Italian-debt-spiral.html
http://www.telegraph.co.uk/finance/comment/damianreece/8823138/Will-Finland-be-the-mouse-that-roars-and-be-the-first-to-leave-the-euro.html

Taken together, the articles are an excellent update of the current position.

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