Problems, problems, problems

The proposed Banking Union continues to cause division between France and Germany and now Van Rumpoy has put his oar in, much to the ire of the Germans:

http://www.spiegel.de/international/europe/berlin-refuses-to-relent-as-banking-union-summit-approaches-a-872021.html

Romania back in the headlines:

http://www.spiegel.de/international/europe/german-commentators-look-at-romanian-election-results-with-concern-a-872247.html

Monti's decision to hold an early general election in Italy has upset the financial markets. Interesting article below:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9735757/Mario-Montis-exit-is-only-way-to-save-Italy.html

http://www.telegraph.co.uk/news/worldnews/silvio-berlusconi/9736542/Mario-Monti-too-German-centric-says-Silvio-Berlusconi.html

http://www.telegraph.co.uk/finance/financialcrisis/9738303/Silvio-Berlusconi-who-cares-about-Italian-borrowing-costs.html

Greece:

http://www.telegraph.co.uk/finance/economics/9738125/Uncertainty-in-Greece-as-buyback-programme-misses-target.html

Update: 12th December:

http://www.spiegel.de/international/europe/analysis-of-chancellor-merkel-euro-crisis-approach-a-872195.html

http://www.spiegel.de/international/europe/french-german-agreement-on-bank-oversight-boosts-hopes-for-eu-deal-a-872428.html


http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9738484/David-Cameron-urged-to-go-into-battle-to-save-City.html