Tag Archives: euro

Woke up, fell out of bed …

The Guardian, Sunday 10 June 2012 Spain’s prime minister, Mariano Rajoy, on Sunday made a desperate attempt to portray a €100bn (£81bn) bailout of his country’s banking system as a triumph at the start of a week which could determine … Continue reading

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Greece cannot move on because buying time stops the clock

When Eurozone finance ministers agreed a 130-billion-euro bail-out for Greece yesterday, Eurogroup chairman Jean-Claude Juncker described it as  “a comprehensive blueprint for putting the public finances and the economy of Greece back on a sustainable footing, and hence for safeguarding financial stability … Continue reading

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Pull that tooth!

Europe has a toothache. You know how it is with toothache. At first you delude yourself that it will just go away. You try to ride it out. But it persists, so you accept there’s a problem and try to … Continue reading

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Blocking the euro fire exits

As European finance ministers join US Treasury Secretary Timothy Geithner in Poland today for a two day meeting to discuss Europe’s debt crisis, the controversy over support for “failing” eurozone members continues to spark market volatility. The euro was a mistake. Its … Continue reading

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