Maybe it's time Germany paid back its debts and war reparations?

[DodgyAgent]

Oh that lot. They're like the rating agencies pay them enough money and they'll publish a report saying black is really white.

The scary part is people will believe it because it's been nicely bound with protective covers.

Alternatively they could listen to you.

[sasguru]

WHS +

I've yet to hear any colleagues utter a syllable about the so called debacle.

There is the rather plausible possibility, nay certainty, that you're not very high level and therefore work with a bunch of plebs.
I don't think they're discussing the Euro crisis in hair salons in the UK either

[DodgyAgent]

There is the rather plausible possibility, nay certainty, that you're not very high level and therefore work with a bunch of plebs.
I don't think they're discussing the Euro crisis in hair salons in the UK either

It is interesting that pooperscoop likes to "debate" the situation with the Euro in purely tribal terms. It suggests he has "issues" that are nothing to do with the problems of the EU economies.

[Doggy Styles]

It is interesting that pooperscoop likes to "debate" the situation with the Euro in purely tribal terms. It suggests he has "issues" that are nothing to do with the problems of the EU economies.

Indeed. Has he mentioned this yet, hot off the press from Scootopia?

German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller eurozone

[DodgyAgent]

Indeed. Has he mentioned this yet, hot off the press from Scootopia?

German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller eurozone

The change has been discussed on an "intellectual" level

Another move by arrogant socialists wanting to make a name for themselves without doing anything constructive to earn it. I wonder which poor dupes will fall for this - I would imagine Poland with high EU growth rates will be taken in by "Germans bearing gifts"

[BlasterBates]

surprise surprise

Italian bonds rally

Incredible amount of drivel in the UK press, about the poential break up of the Eurozone.

It's pretty clear that Italy doesn't really have a serious problem.

[sasguru]

surprise surprise

Italian bonds rally

It's pretty clear that Italy doesn't really have a serious problem.

That's all right then. It's all fixed. Phew.

[BrilloPad]

Italian bonds rally

Dead cat bounce.

[GreenLabel]

The main thing are the reforms to make Italy and Greece competitive, which given their current situation should be easy to push through.

I wouldn't bet on it. Getting those two to the point where they're competitive with the rest of Europe, let alone the economies of Asia, isn't going to be a simple process.

[NervousRexx]

The Euro

IMO,
A flawed concept from day 1 - pushed through by French and Germany with the vision of 'United States of Europe'.
At some point they were going to pay the price.
Look at history and the ERM.
When Greece joined the Euro, effectively they had Germany's credit credit and went stir crazy.