Financial Foot In Mouth » euro crisis http://financialfootinmouth.co.uk Thu, 03 Oct 2013 06:20:39 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.1 At Last We Know, Then http://financialfootinmouth.co.uk/2012/05/at-last-we-know-then/ http://financialfootinmouth.co.uk/2012/05/at-last-we-know-then/#comments Tue, 29 May 2012 09:07:24 +0000 admin http://financialfootinmouth.co.uk/?p=715 So there we have it.  The Greeks are unlikely to be getting any cents out of Germany.

It`s fair to say we`ll all be watching that space pretty closely over the course of the next few weeks.

]]> http://financialfootinmouth.co.uk/2012/05/at-last-we-know-then/feed/ 0 Hardly A Wim-Win On The Good Ship Euro http://financialfootinmouth.co.uk/2012/04/hardly-a-wim-win-on-the-good-ship-euro/ http://financialfootinmouth.co.uk/2012/04/hardly-a-wim-win-on-the-good-ship-euro/#comments Sun, 29 Apr 2012 17:50:56 +0000 admin http://www.financialfootinmouth.co.uk/?p=553 The capacity for single monetary policy to adapt to changing circumstances has indeed been brought into sharper focus in the light of recent events.   For instance, the effect of adjusting Spanish wages may not be so relevant when approximately one in every four workers cannot currently obtain employment.

Spain`s Foreign Minister told state radio last week: “This is like the Titanic.  If there`s a sinking here, even the first-class passengers drown”

Given that the richest “passengers” within the EU have an unfortunate reputation for securing the best vantage points on holiday, it is hoped that they will be able to do something more than re-arrange the deckchairs on this particular journey.

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