Saturday, November 26, 2011

Crisis mode

British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.
Read the rest at The Telegraph (UK)
Prepare for riots in euro collapse, Foreign Office warns
by James Kirkup


googleheim said...


this ain't good

the greeks are so laid back that what protest you see there will be like x 10^6 more in Spain and a little less in Italy

i've seen the spirit of all the european countries side by side once in a stadium

the loudest foot stomping hand clamping are th Spainards - so they can drown out anyone

however, they have a new elected gov and they know they are in for austerity so maybe they will be quiet?

Ryan Harris said...

It appears this reality is setting across the EU. Some countries further along than others.:

IrelandWhy leaving the euro might not be so scary.
Germany: We are still doing too well

Austria Austria backs eurobonds, ECB as last resort

Germany: Merkel's Nein is wrecking the EU

Italy Germany Weighs in too much
Europeans, Prisoners of German Dogma
Inability to secure and manage structural funds further drags economy
Zone euro : un nouveau pacte de stabilité à l'étude
Country may miss 2012 selloff target due to EU crisis
Poland would be foolish to consider joining the single currency
IMF presence may be too late