Euro Area

[Furunculus]

It is the same useless treaty we had, and the big laugh is that it still mentions nothing about the interbank arena where this bloody problem came from and were it still resides.

We dont even have to put the debt brake in our constitution now cos there so afraid of Irish voters rejecting it.

We can be certain there storing up a new round of brittleness for the Euro.

agreed, if germany wants the euro to survive in order that its exchange rate value can be artificially depressed to boost exports then it needs to accept the principle of a transfer-union...................... in perpetuity, to assist those nations who are seeing their exchange rate artificially raised thus crushing their exports.

http://www.telegraph.co.uk/comment/c...s-Germans.html

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adrian, tell me more about this report:
http://www.businessinsider.com/the-r...urozone-2012-1