14 December 2012

EUROZONE / BELGIUM : 22nd Summit Ends...With Can Still Skittering Down the Road.

       http://www.guardian.co.uk/business/2012/dec/14/eurozone-summit-stalemate
          ANALYSIS

       This newsblog lately has ignored the Eurozone crisis.
       Because discussions have gotten very technical...and sorta boring
       But...here's a brief...but excellent catch-up...from Ian Traynor.
       Since the Greek crisis first erupted in Feb 2010...EU leaders still haven't ended the euro crisis...despite 22 summits.
       Is 'Grexit' really dead?
       Borrowing costs for Italy and Spain have fallen sharply....for the moment.
       But the banking supervisor fight still looms ahead.
       And now...there's also the return of slippery Silvio.