Regular readers of this blog will not be surprised to be informed that the eurozone crisis has not gone away, nor that the structure of the eurozone is failing, nor that the heat is on Spain.
See:
http://www.telegraph.co.uk/finance/comment/liamhalligan/9204702/Eurozone-crisis-roars-back-to-savage-Spain.html
http://www.telegraph.co.uk/finance/financialcrisis/9204766/Spanish-minister-calls-on-ECB-to-buy-more-bonds.html
The ECB buying more bonds simply transfers the problem, it does not resolve it.
KENT COMMUNITY ACTIVIST: acerbic, carping, caustic, curmudgeonly,critical, cynical, grumpy, moaning, sardonic and plain speaking.
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