Wednesday, January 04, 2012

Back to the Euro - Eurozone Crisis


Guardian Live - Euro: Reports on the Euro via the Pound, “ The euro is now weaker against the pound than it has been since September 2010, …”. Yes the horror story that is the Euro is back, the upswing in the UK and US Markets has been hit by reality, the EU leaders have stated that 2012 will be worse than 2011, fantastic! The Greeks still need money, not news there folks, the Guardian notes the following, the deepening poverty that is increasingly being seen not only in the surge of soup kitchens but also in the proliferation of pawnshops and gold dealers ”. Thus Greece will hit the headlines again, with its hand out, the Germans have made noises that the UK should support the Euro, the UK Coalition would fall apart should UK Coalition PM David Cameron try to get that through the House of Commons. Thus expect more Euro stories folks, the festive season is well and truly over.

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