Friday, 11 May 2012

Euroland battleground

The battleground has four fronts:

1. Securing ratification of the fiscal pact.

2. The balance between austerity and growth

3. The ongoing crisis in Greece

4. Spanish bank capitalisation


Commentary on the Bundesbank's statement that it may be prepared to countenance higher inflation in Germany:

UPDATE:   Greek coalition talks fail:

Also, an item on France:

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