Britannia Radio

Sorry, there is no euro break-up plan – yet

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100013218/sorry-there-is-no-euro-break-up-plan-yet/

EU Commission: we cannot allow the EU or euro zone to fragment
http://in.reuters.com/article/2011/11/10/idINIndia-60444820111110

Shrinking Euro Area Would Be ‘Deadly,’ Merkel Ally Says
Nov. 10 (Bloomberg) -- Germany will resist any attempt to reduce the euro region to its strongest members to increase its stability, said Michael Meister, the parliamentary finance spokesman for Chancellor Angela Merkel’s party.
“Such a shrinking process would be deadly for Germany because we would end up in a mini-euro zone with all the effects you can see in Switzerland,” Meister said today in a telephone interview in Berlin. “It would be a deadly development for an export country like Germany. It can’t be in our interest at all and if it’s not in our interest, we should do everything to keep it from happening.”
http://www.businessweek.com/news/2011-11-10/shrinking-euro-area-would-be-deadly-merkel-ally-says.html

European Union Directives,Regulations and Laws.

EU to Tighten Web Privacy Law, Risking Trans-Atlantic Dispute New York Times “This also applies to social networks with users in the EU We have to make sure that they comply with EU law and that EU law is enforced, even if it is based in a third country and even if its data are stored in a 'cloud.”' In her speech, Mrs. Reding ... See all stories on this topic »

Tobacco lobby threatens EU over plain packaging EurActiv EU Health Commissioner John Dalli will face legal action if he tries to reproduce Australia's plain-packaging proposals for cigarettes in Europe, a tobacco industry representative warned this week. The European Commission's long-awaited proposals to ... See all stories on this topic » What if the eurozone implodes? http://business.financialpost.com/2011/11/10/what-if-the-eurozone-implodes BBoE holds QE steady despite escalating euro crisis The Bank of England left its target for asset purchases steady on Thursday despite an escalation in the euro zone debt crisis, which may soon force the Bank to inject more stimulus. With the government's hands tied by its pledge to erase the country's budget deficit of some 10 percent of gross domestic product, the onus to support the economy will remain firmly on the BoE, especially if the euro zone goes into meltdown. http://www.reuters.com/article/2011/11/10/britain-boe-rates-idUSL5E7MA0UK20111110 EurActiv