Tuesday 24 January 2012

Euroland crises continue

Whilst domestic issues in the UK dominate the news the problems in the EU and the eurozone continue unabated.  The underlying problems of recession, austerity and failure to come to grips with resolving the issues of how to make economies in the eurozone converge continue.

http://www.telegraph.co.uk/finance/financialcrisis/9037008/EU-ratchets-up-pressure-with-Greek-default-threat.html

http://www.telegraph.co.uk/finance/financialcrisis/9034429/Eurozone-finance-ministers-reject-Greek-debt-offer.html

http://www.spiegel.de/international/europe/0,1518,811053,00.html
Permanent bailout fund agreement

http://www.telegraph.co.uk/finance/financialcrisis/9036199/Tainted-former-EC-president-Jacques-Santer-to-raise-money-for-EU-bail-outs.html

http://www.spiegel.de/international/europe/0,1518,810863,00.html
Hungary.

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