Thursday 29 November 2012

Oops a daisy.

Whilst eyes in the UK are focussed on the Leveson Report and to a lesser extent on the Rotherham by-election, there are rumblings in Euroland.  The ink has hardly dried on the agreement to to deal with the debt crisis in Greece, yet here we have the IMF threatening to take its ball home and private investors screaming blue murder.

http://www.telegraph.co.uk/finance/financialcrisis/9712612/Greek-deal-frays-as-IMF-threatens-walk-out-on-debt-buy-back-impasse.html

Nothing like transparency.

http://www.telegraph.co.uk/finance/financialcrisis/9713651/ECB-wins-case-to-conceal-Greek-debt-secrets.html

http://www.spiegel.de/international/germany/german-parliament-votes-to-approve-new-greece-aid-package-a-870259.html

http://www.telegraph.co.uk/finance/financialcrisis/9715789/Moodys-downgrades-ESM-and-EFSF.htm
Mon Dieu.

Update: 2nd December:

http://www.telegraph.co.uk/finance/financialcrisis/9717121/Debt-crisis-Angela-Merkel-does-not-rule-out-Greek-haircut-in-the-future.html

http://www.telegraph.co.uk/finance/financialcrisis/9717622/Cyprus-bail-out-doubts-over-Russian-money-laundering.html

Meanwhile: Spain

http://www.blacklistednews.com/Spain_Now_Faces_a_Systemic,_Societal,_and_Sovereign_Collapse/22833/0/0/0/Y/M.html

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