Sunday 18 September 2011

HELP GREECE OR FORGET THE EURO

Unfortunately the European leadership of Europe is now very weak, and Ms. Merkel has no strength to do what has to be done (i.e. promote asap the Eurobonds). The UK is out of this game, as usual. France is  trying to play a role, but its importance has long disappeared. So while Greece is on life support, the markets will suffer.

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