As I write the signs are not looking good. See:
http://www.bbc.co.uk/news/world-europe-15449149
An excellent article on the democratic process at work in Germany. A must read.
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100012823/thank-you-germany/
Leverage proposals hammered in the Spiegel Online article:
http://www.spiegel.de/international/europe/0,1518,794025,00.html
Italy: http://www.spiegel.de/international/europe/0,1518,794121,00.html
Update: http://www.telegraph.co.uk/finance/financialcrisis/8851769/Europes-grand-gamble-risks-failure-without-ECB.html
http://www.telegraph.co.uk/finance/financialcrisis/8851408/Italian-MPs-in-fist-fight-over-pensions.html
German Parliament: http://www.spiegel.de/international/europe/0,1518,794182,00.html
End of an era? http://blogs.telegraph.co.uk/news/jameskirkup/100113706/europes-financial-crisis-the-end-of-an-era/
KENT COMMUNITY ACTIVIST: acerbic, carping, caustic, curmudgeonly,critical, cynical, grumpy, moaning, sardonic and plain speaking.
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