Euro bonds are not the answer
Hopes dashed as nothing emerges from talks on euro area debt crisis
ANALYSIS: The leaders do not seem prepared to do everything possible to avoid a collapse
HOW MANY euro area finance ministers does it take to change a light bulb? None – there is nothing wrong with the light bulb.
The single currency’s finance ministers were the butt of jokes yesterday after their two-day meeting in Poland produced precisely nothing. Again.
While all observers of the unfolding disaster in the euro area cannot but have sympathy for those shouldering the responsibilities of governing at a time of potential economic collapse, it is becoming increasingly difficult to avoid the conclusion that leaders are not prepared to do everything possible to avoid such a collapse
http://www.irishtimes.com/newspaper/finance/2011/0920/1224304411812.html
The single currency’s true fatal flaw
http://www.ft.com/cms/s/0/62a127a6-e2aa-11e0-897a-00144feabdc0.html
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