Wednesday 29 August 2012

Latest from euroland

A few articles to peruse.  The EC has been remarkably quiet in recent weeks.  Something is afoot.

http://www.telegraph.co.uk/finance/financialcrisis/9505182/Germany-at-risk-of-bond-yield-own-goal-warns-Mario-Monti.html

http://www.spiegel.de/international/europe/spiegel-interview-with-bundesbank-president-jens-weidmann-a-852285.html

http://www.telegraph.co.uk/finance/financialcrisis/9506882/Angela-Merkel-stands-firm-in-resisting-ESM-bank-licence.html

http://www.telegraph.co.uk/finance/financialcrisis/9504911/Deposit-flight-from-Spanish-banks-smashes-record-in-July.html

http://www.spiegel.de/international/europe/german-report-crisis-hit-countries-have-become-more-competitive-a-852813.html

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100019683/the-monetary-maginot-of-the-gold-standard/
Or, in the case of the eurozone the Siegfried Line.

Update, 30.08.2012:

http://www.telegraph.co.uk/finance/financialcrisis/9509807/France-says-ECB-debt-buying-would-be-justified.html






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