Thursday, 10 May 2012

It's all happening in Greece

Unmitigated bad news from Greece.  Youth unemployment at over 53%,  manufacturing down 8%. part of he next tranche of bailout funds blocked and a third attempt to form a government with the likelihood it will fail and lead to another general election on 17 June.

Meanwhile Spain struggles to contain a banking crisis.

Some interesting articles which may be indicators of what will come next in euroland.
Bundesbank is the key player in any change.

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