Eurozone crisis

[xoggoth]

Which will not please the German people.

But the DT is depicting it as a Greek capitulation. They have also agreed to existing budget targets:

http://www.telegraph.co.uk/finance/e...ting-live.html

[BrilloPad]

The beginning of the end was 16th Sep 1992.

Another fudge will be found. Both sides have too much to lose.

Told you so. Another 4 months of can kicked down the road.

[TykeMerc]

Told you so. Another 4 months of can kicked down the road.

True, not that surprising.

The Euro project is a classic case of the cost of failure being unacceptably high. After all the moaning is done a deal will be arrived at.

[Zero Liability]

It's why so precious little changes in the world in some ways, even if it would be for the better longer term...

[scooterscot]

But the DT is depicting it as a Greek capitulation.

Crunch day for eurozone as Greek crisis goes to the wire: live - Telegraph

At HSBC's request no doubt...

[DimPrawn]

Lots of dirty spekulant investment banks making a killing on it all I suspect.

Big bonuses, fixed economy.....

[Doggy Styles]

The beginning of the end was 16th Sep 1992.

True. That's the period when I first realised what Alan Walters had been talking about.

1992 should have been enlightening for everyone promoting a single currency.

But it wasn't, the mutton-heads won the day, and now we have that crock of sh1te skewing economies and decision-making across Europe.

[BrilloPad]

At some point all the poo will hit the fan. But not this year.

[Unix]

Looks like Syriza have totally capitulated. Surprising really after all their promises. Can't see the Greeks letting them off with it. Cue golden Dawn :nazi:

[BrilloPad]

Looks like Syriza have totally capitulated. Surprising really after all their promises. Can't see the Greeks letting them off with it. Cue golden Dawn :nazi:

+1

They promised to stand up to Germany to get elected. Then changed policy.

Having said that, the only way for Greece to end austerity is to leave the Euro. Amazing the citizens cannot see that.