Blog Archives

In the past week, Europe has resembled something like  school playground. Due to David Cameron using his Veto last week, the French have lashed out with several, vindictive  and frankly, rather childish statements about the state of the British economy; despite the fact that  Angela Merkel pointed out that Britain still had an important role to play in helping to sort out the Eurozone Crisis. It’s worth pointing out I feel, that in a note of poetic irony, Standard & Poor are expected to downgrade the French credit rating within days, whilst Britain’s remains as stable as ever. There have been calls from many influential people, that to ensure the survival of the Eurozone, that Greece should be allowed to bow out gracefully, and with as much dignity as it can muster.

Is it Greece that needs the Euro, or does the Euro need Greece? (Photo from http://www.telegraph.co.uk)

Read the rest of this entry →