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Economist Charles Gave: The euro will not exist in one year!

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Oh eh. Personally I think history will prove Charles to have been wrong. p.s Ofcourse I reserve the right to change my mind on the above if the Greeks don’t vote the austerity package through

Eurozone relief as China pledges debt bailout

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Chinese premier says his country will continue to buy European debt.

Greek ministers urge backing for austerity plan

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Get ready for a white knuckle ride!!

Germans, prizing virtues of saving, find euro bailouts hard to swallow

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Frugal German taxpayers are on the hook for bailing out some other European countries where borrowing has been a way of life.

Cut tax to make Britain a magnet for the World

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Latest from David Smith at economicsuk.com

Jim O’Neil warns Europe ‘be bold or face trouble’

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Goldman guru urges Europe to offer Asian investors a true euro bond.

Thin capital cushion for big banks

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The big banks reached agreement with regulators to limit the additional capital they must hold to between 1 and 2.5% of the size of their balance-sheets. That’s way down from estimates as high as an additional 7% just a few months ago.

Greek government tries selling austerity, again

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It’s getting to be a tougher sell and their majority is shrinking. Big week ahead for Greece and the euro.

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