Monday 26 March 2012

Irish woes and more from euroland

The Irish government is expected to announce tomorrow that date of the referendum to approve, or otherwise, the pact or treaty on fiscal union.  Meanwhile, Ireland remains in economic distress:

http://www.telegraph.co.uk/finance/comment/rogerbootle/9165893/Ireland-dutifully-gulped-down-the-nasty-medicine-but-is-still-in-pain.html

Meanwhile, Mrs Merkel has taken centre stage without her puppet, Mr Sarkozy, who has the small matter of winning the Frenbch presidential election next month to keep his busy.

http://www.telegraph.co.uk/finance/financialcrisis/9166649/Greek-exit-from-euro-would-be-catastrophic-says-Merkel.html

http://www.telegraph.co.uk/finance/financialcrisis/9166220/Eurozone-debt-crisis-Germany-must-let-bailout-fund-grow.html
See also:  http://www.spiegel.de/international/europe/0,1518,823737,00.html


http://www.spiegel.de/international/europe/0,1518,823872,00.html
Hidden risks in ECB accounts?

Spaom back in the news:
http://www.telegraph.co.uk/finance/financialcrisis/9168201/Spanish-PM-Mariano-Rajoys-election-defeat-fuels-bail-out-fears.html

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