Tuesday 24 July 2012

Euroland.

The ongoing crisis in the eurozone shows no sign of abating.  Until (if ever) the nettles of fiscal and political union are grasped, along with central bank powers for the ECB, the crisis will continue.  We can only stand by and watch the shambles created by the European political elite drag on.


http://www.telegraph.co.uk/finance/financialcrisis/9424793/Europe-is-sleepwalking-towards-imminent-disaster-warn-top-economists.html

http://www.spiegel.de/international/europe/debt-crisis-economists-warn-of-euro-catastrophe-a-846327.html

http://www.spiegel.de/international/europe/moody-s-cuts-outlook-for-germany-to-negative-from-stable-a-846020.html

http://www.telegraph.co.uk/finance/financialcrisis/9422206/Germanys-AAA-rating-under-threat-after-Moodys-cuts-outlook.html

http://www.spiegel.de/international/germany/german-press-on-moody-s-cut-to-german-credit-outlook-a-846322.html

http://www.telegraph.co.uk/finance/comment/jeremy-warner/9421938/Mario-Draghi-has-just-weeks-to-save-the-euro-but-will-Germany-let-him.html

http://www.spiegel.de/international/europe/german-economy-minister-roesler-criticized-for-comments-about-greece-a-846110.html

http://www.telegraph.co.uk/finance/financialcrisis/9422311/Debt-Crisis-Troika-arrives-in-Greece-amid-speculation-over-exit.html

http://www.telegraph.co.uk/finance/financialcrisis/9424923/Debt-crisis-Greece-to-run-out-of-money-by-August-20.html

http://www.telegraph.co.uk/finance/financialcrisis/9427192/Debt-crisis-Greeces-bondholders-could-face-more-losses-says-Berlin.html

http://www.telegraph.co.uk/finance/financialcrisis/9421599/Ten-Italian-cities-at-risk-of-bankruptcy-schools-may-not-reopen.html

http://www.spiegel.de/international/europe/finnish-finance-minister-defends-debt-agreements-with-spain-and-greece-a-846096.html

http://www.telegraph.co.uk/finance/financialcrisis/9423143/Debt-crisis-where-did-it-all-go-wrong-in-Spain.html

http://www.telegraph.co.uk/finance/financialcrisis/9424756/Debt-crisis-Spanish-bailout-fears-escalate-as-Catalonia-eyes-rescue.html

http://www.telegraph.co.uk/finance/financialcrisis/9425941/Spanish-two-year-yields-hit-euro-era-high.html


http://www.telegraph.co.uk/finance/financialcrisis/9427721/Euro-exit-beats-begging-bowl-says-Spanish-elder-statesman.html

http://www.telegraph.co.uk/finance/financialcrisis/9423570/San-Marino-falls-victim-to-the-eurozone-crisis.html









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