I have always tried to avoid making predictions as unlike Mr. Ashdown, I have few hats and no desire to devour any of them. It does seem, however, as though the Greek population have rejected the terms of the latest bailout. The saga of the Greek Eurozone experiment and its travails seems to have gone on rather longer than the Trojan War. How one analyses the blame depends to a large extent on one’s views on economics and the whole …
listen to ‘Now Show on the Eurozone crisis’ on Audioboo If the Eurozone crisis consistently confounds you, here’s a great extended analogy from this week’s Now Show on BBC Radio Four… It breaks off before the end, but it is great nonetheless… Mick FealtyMick is founding editor of Slugger. He has written papers on the impacts of the Internet on politics and the wider media and is a regular guest and speaking events across Ireland, the UK and Europe. Twitter: …
Will Hutton tricks out a nasty diplomatic undertow to his walkout. If things go belly up with the Euro, not only will the UK suffer economically, it may get the blame for it not working: Worse, we have made it significantly harder for the 17 members of the eurozone rapidly to put in place the cluster of policies needed to save the euro. Chancellor Merkel said the compromise was workable – to widespread German scepticism; the European Central Bank warmly …
Ireland Central Bank governor Patrick Honohan has been goaded into a reply by the scathing attack on the Irish bailout terms from Morgan Kelly ak.a. Dr Doom. Not much of substance in his RTE interview far; but presumably he knows something we don’t. We are keeping our options open,” Honohan said. “We have a number of cards, we don’t have many cards, in these negotiations. There is a right time to play your most important cards,” he said. Hopes of …
