Is Europe Listening to Italy's Two Marios?

Posted by: David Tweed on January 23, 2012

134279358.jpg
Euro zone finance ministers meet in Brussels today and it looks as though they’re certainly listening to one of Italy’s two Marios.

European Central Bank President Mario Draghi suggested after the bank’s January meeting that it would be “highly welcome” for European leaders to quit dithering and get the proposed fiscal-compact treaty on fiscal discipline and balanced budgets signed by the end of January.

A couple of days later Germany’s new ECB representative Jörg Asmussen, after catching sight of a treaty draft, warned against moves afoot to water it down. If the pact was to be a basis for a fundamental shift toward fiscal union, then it needed credible rules, with limited opt-outs.

Lo and behold, last week a new, stricter treaty surfaced, one with rules that will automatically fine countries breaching their budget-deficit targets, except in the direst of circumstances.

So momentum is gathering. But even if the compact gets a political blessing this month, will that be enough to put an end to the European sovereign debt crisis?

“Probably not,” said Michala Marcussen, head of global economics for Société Générale (GLE:FP). “The really big issue is getting more money on the table.”

Enough money to convince investors that the EU can and will come to the aid of an economy the size of Italy if necessary. And keep Greece out of the bond market until it can generate a budget surplus, which could take years.

Which brings us to the other Mario, Italian Prime Minister Mario Monti, who has called on Germany to cut Italy some slack and bring down its borrowing costs.

How? With the ECB averse to becoming the ultimate lender to distressed governments, Germany’s Chancellor Angela Merkel may be forced to increase the size of the permanent rescue fund from the proposed €500 billion and create a credible firewall—with all the political risk that entails.

For today, as well as the fiscal compact, finance ministers also must prepare a response to Greece’s efforts to convince private bond holders to take losses and assess its second financing package ahead of the Jan 30 leaders’ summit.

One step at a time. As Merkel is wont to say: this crisis won’t be solved with one big bang.

Photograph by John Thys/AFP/Getty Images

Reader Comments

Firozali A.Mulla DBA

January 24, 2012 11:58 PM

The genius of Chaplin. Back in the 40's, critics thought his message came straight from a pipe dream. His message is clear and it’s something we all want. Let's not forget to "fight" for it. He did not blink his eyes during speech and said, "I'm sorry, but I don't want to be an Emperor - that's not my business. I don't want to rule or conquer anyone. I should like to help everyone, if possible - Jew, gentile, black man, white. We all want to help one another; human beings are like that. We want to live by each other's happiness."His speech made me awake of what is going on right now. This man is unbelievable. It's amazing how strong this speech is. It's been decades, and it is as strong as ever. I find it scary and ironic, that this was made so many years ago but applies today more than ever. A THOUGHT FOR TODAY:In a library we are surrounded by many hundreds of dear friends imprisoned by an enchanter in paper and leathern boxes. -Ralph Waldo Emerson, writer and philosopher (1803-1882) I thank you Firozali A.Mulla DBA

Firozali A.Mulla DBA

January 25, 2012 7:02 AM

Money has been made from strange things - wood, leather, tobacco leaves, salt, ceramic tiles and a wide variety of other materials. This reflects money's origin as a token of debt, an agreement to pay based on trust in the issuer of the coin - as opposed to the inherent worth of the coin. Even coins made of gold or silver would usually trade at a premium to the value of the metal – reflecting trust in the strength of the king/money-redeemer who issued the coin: "Within the Roman empire, a silver coin stamped with the image of Tiberius might have circulated at a value considerably higher than the value of the silver it contained. Ancient coins invariably circulated at a value higher than their metal
content. ...But this there was a fear of the Creator and we were afraid to steal or waive off the debts without the owner. Gone are those day. Now it is dog eat dog world. Well it mentioned inflation falling, wonder where that little gem came from, because all the prices for my food, clothes, and heating are getting higher each week. My wages are frozen this year so I will not be helping to stimulate the economy any time in the near future. A THOUGHT FOR TODAY:In this world, you must be a bit too kind to be kind enough. -Pierre Carlet de Chamblain de Marivaux, dramatist and novelist (1688-1763) .I thank you Firozali A.Mulla DBA


Firozali A.Mulla DBA

January 26, 2012 1:56 AM

While official data showed the British economy shrank more than expected in the fourth quarter, raising concern about another recession, a closely followed business confidence index in Germany beat economists’ forecasts for January, a sign that Europe’s largest economy is improving. “It fits into a pattern we’ve seen for a while that Germany has tended to outperform other countries,” Eckart Tuchtfeld, an economist at Commerzbank, said. “This is not a one-off. The economic situation in Germany has improved” since the last quarter of 2011. I thank you Firozali A.Mulla DBA

Firozali A.Mulla DBA

January 28, 2012 12:35 AM

In 2005, it was estimated that there were about 500,000 people, who were diabetic. Diabetes in Africa is known to be a large and growing problem, with the true extent of the malady in the continent not very clear. It is thought that the erosion of traditional diet and exercise patterns has led to a huge increase in the number of people with the condition. Karalla, “ a vegetable very bitter “more commonly known as bitter melon, is known worldwide for its miraculous medicinal properties. It is a natural wonder that has proven to be very beneficial for people with a number of diseases, particularly diabetes. Some have also believed that the herb not only aids and provides comfort, or reduces the symptoms, it supposedly cures the sickness altogether. Generally, everything in the plant may be used for medicinal purposes particularly as treatment for diabetes. However, the fruit is the most potent and effective for treatment. Despite its medicinal value, the World Diabetes Foundation (WDF) does not support or promote the use of bitter gourd for health purposes. Its communications manager Jamal Butt told Insight this week via email that neither do the Denmark-based organisation funds researches related to the fruit. Only problem with us we need tabsules, pill, capsules, or tablet. We are lazy and we want to create wealth? With what? This is not a political blog, just to remind all that like global warming, we will one day regret Were people from Gascony full of boasts and bravado? Not necessarily. Historical rivalries lead one people to generalize others' names as having some shortcoming and some of those names become part of the language. Other examples of such words are solecism, Boeotian, and fescennine.
Yes, everyone wants a fair shake. Created equal in the eyes of God is a good thing, but if I'm born with less (unequal) musical talent than my sister, perhaps I shouldn't be in the elite chorus. If I get a tryout after some lessons and some practice, and I'm turned down, that's fair. And to Mr. Fish's point about using the word "Fair" because it's effective, and I think it is, that isn't the point. Perhaps people were nodding because they understood the difference in the words as spoken in the context of the speech. The two terms have different connotations and different meanings, although they're frequently confused. The wages per hour for bagging at the grocery store won't be the same as the wages per hour of an accountant, for an example. Both wages may be fair for the work that's done, but they won't be equal. Equal and Fair are two different terms, and People are not Corporations. I thank you Firozali A.Mulla DBA

Firozali A.Mulla DBA

January 30, 2012 6:41 AM

No, why should it.This is my story. Oh but my dear I have been so busy since Christmas besides working at school. You know I was keen on Chuck Berry and I thought I was the only fan for miles but one morning' on Dartford Stn. (that's so I don't have to write a long word like station) I was holding one of Chuck's records when a guy I knew at primary school 7-11 yrs you know came up to me. He's got every record Chuck Berry ever made and all his mates have too, they are all rhythm and blues fans, real R&B I mean (not this Dinah Shore, Brook Benton crap) Jimmy Reed, Muddy Waters, Chuck, Howling' Wolf, John Lee Hooker all the Chicago bluesmen real lowdown stuff, marvellous. Bo Diddley he's another great. Anyways the guy on the station, he is called Mick Jagger and all the chicks and the boys meet every Saturday morning in the 'Carousel' some juke-joint well one morning in Jan I was walking past and decided to look him up. Everybody's all over me I get invited to about 10 parties. Beside that Mick is the greatest R&B singer this side of the Atlantic and I don't mean maybe. I play guitar (electric) Chuck style we got us a bass player and drummer and rhythm-guitar and we practice 2 or 3 nights a week SWINGIN' Nobody has ever measured, not even poets, how much the human heart can hold. -Zelda Fitzgerald, novelist (1900-1948) “Years may wrinkle the skin,but to give up enthusiasm wrinkles the soul.” ~ Samuel Ullman As far as I know the boss of RBS phoned Gordon Brown and told him if he didn't bail out the bank they would go bust on the day of the month that all the wages and benefits were about to be moved. The bank would go bust with all this 'moving' money in them and take the money leaving people with out wages or benefits. This is why RBS was bailed out. As far as I know this call was early in the morning of said day. (1840-1924) I thank you Firozali A.Mulla DBA

JubPioli

February 5, 2012 2:48 PM

Juliann Wiklund

February 10, 2012 4:56 AM

Great post!

Walk in Dusche

February 20, 2012 12:41 PM

fantastic points altogether, you simply gained a new reader. What would you suggest in regards to your post that you made some days ago? Any positive?

Firozali A.Mulla DBA

February 22, 2012 1:07 AM

What is all this hype about, “If you stop or increase the price of oil we, cut you off from trade” The U.N. nuclear watchdog said on Wednesday it had failed to secure an agreement with Iran during two days of talks over disputed atomic activities and that the Islamic Republic had rejected a request to visit a key military site. We have been noticing this for a long time. Iran has no nukes, proved several; times but we as human must see the moon and start the month like Muslims do. Iraq had none. WMD were never there however we need to show our power as we have been to the moon we are still are able to let you live our way. Barack Obama will address the annual convention of the American Israel Public Affairs Committee (AIPAC) on March 4, a day before he and visiting Israeli Prime Minister Benjamin Netanyahu hold talks expected to focus on Iran, the White House announced Tuesday. Do you know how you borrow pay the interest keep on paying and the bank says, but that was interest the capital sum is compounding and is due in next 5 years and if you fail by that time, we take your houses, cars, wives(Muslims only) cats, basins where you shine your teeth and the lot . We will give these to the auctioneers. I thank you Firozali A. Mulla DBA

Firozali A.Mulla DBA

February 22, 2012 4:20 AM

How the Wisconsin Uprising Changed America and Why Its Renegade Politics Are Here to Stay John Nichols talks about his new book, "Uprising: How Wisconsin Renewed the Politics of Protest, from Madison to Occupy Wall Street," and what happens next. It was an important part of his identity even before his state erupted in protest against a governor who'd gone a step too far stripped collective bargaining rights away from his state's workers. But the pride in the veteran political reporter's voice when he talks about his state now is impossible to miss. He's many things besides, of course—Washington correspondent for the Nation, associate editor of the Madison, Wisconsin Capital Times, an insightful media critic, the author of several books and a frequent guest on MSNBC. But it's the Wisconsinite front and center in his new book, Uprising: How Wisconsin Renewed the Politics of Protest, from Madison to Occupy Wall Street, contextualizing and celebrating the way his state led the fight back, not just for union rights, but for democracy in America. Wrong all the way. I thank you Firozali A.Mulla Inner conflicts cannot be solved by outsiders. How can outsider comment on this? I thank you Firozali A,Mulla DBA

Firozali A.Mulla DBA

February 22, 2012 6:40 AM

Aspirin is good for heart but creates acidity and you must take under the prescriptions as the dose is right but this was still not proved as correct. We have to watch intake of these. The wonder drug it is for the heart patients. This is for increasing the viscosity of blood, we have same question on water, coffee and still no one has the answer. We keep on living in the wonderland. We are still discovering new things while we wage wars. Researchers with the U.S. Department of Energy (DOE)'s Lawrence Berkeley National Laboratory (Berkeley Lab) have found new evidence to explain how cholesterol ester transfer protein (CETP) mediates the transfer of cholesterol from "good" high density lipoproteins (HDLs) to "bad" low density lipoproteins (LDLs). These findings point the way to the design of safer, more effective next generation CETP inhibitors that could help prevent the development of heart disease. I thank you Firozali A.Mulla DBA

Desirae Kynaston

February 24, 2012 1:38 AM

This really is really interesting. Cheers for posting this. Through the appears on the remarks, numerous others imagine and so also.

Firozali A.Mulla DBA

February 25, 2012 11:37 AM

I knew the privacy of The Swiss Bank. However, this is the first time I see that Switzerland manufactures ink to pint the $dollar? This is the first time read about the $ printing. I though the USA could do this on her own. Well we all cannot be right. Someone from inside spooks and we see ghost. Do we not? Forging $100 bills obviously gels with the regime's febrile anti-Americanism and its aim to undercut U.S. global power, in this case by sowing doubts about our currency. Super dollars can be viewed as an act of economic warfare, but Pyongyang's motive is probably more mundane: The regime is broke. Some things should be made entirely in-country. We don't need Swiss ink to make money. Cash is still King. Did you know using credit and debit cards inflate the costs by 3 to 5 % in fees for retailers, then us, and that goes straight to the Banks? The Banks are taxing us to use our own Money. That's without running a Balance with interest. What do you want more to prove that USA is on the brink of the cliff hanging on the rope mouse chewing it. I guess I thank you Firozali A.Mulla DBA

Debby Zarycki

February 26, 2012 10:26 AM

Heya how are you currently carrying out? I just needed to stop by and claim it's recently been a new pleasure reading through your blog. We have book marked your blog so that I am able to return & go through additional in the foreseeable future too. plz complete keep up the coffee quality creating

Lawanda Farlin

February 27, 2012 1:29 PM

Hello. splendid job. I did not anticipate this. This is a excellent story. Thanks!

Firozali A.Mulla DBA

March 3, 2012 3:55 PM

The whole world has turned against Syria, Libya, Egypt, Putin and Iran. I have no idea why. If Iran has nuke so many others have these. Libya was ruled by the tyrant so was Egypt. The leaders did not want to vacate the seats. But Putin rigging in the votes? That is very common and why the international community ought to get in there and show us the thumb prints of the voters and hide the speaker who gives the news, does not baffle me. These are common. We must leave Russia out as they too have powers, albeit broken now after USSR was, now the small Russia. The Middles East has had the problem from years and why external parties get into these, is not understood by me and to be very honest even if I did know, I too remain silent as someone else hold the reins. You can take the horse to drink water but cannot make it I thank you Firozali A.Mulla DBA.

Firozali A.Mulla DBA

March 4, 2012 1:32 AM

It looks like that in UK but then it spread fast Sunday, 04 March 2012.What changes do we have today? Private security firms could take over police roles like investigating crimes and detaining suspects, if plans by two major police forces go ahead. This is UK. So what will be in like in other places where the corruption is very high? I wonder. A worrying suggestion - the Police have a well tried selection and training process. Not sure where our community officers fit into this but my contacts with them leave me feeling they are well short of our regular Police in quality. Just recruit more regular police and border agency officers and perhaps they will stand a chance of removing the `illegal’s` Mr Cameron took the decision "Decisions about the alcohol strategy will be announced when it is published in coming months, but the PM has already said we will look very carefully at the problem of very low cost alcohol." I love when one person makes a move and shakes the market. My words fly up, my thoughts remain below: Words without thoughts never to heaven go. -William Shakespeare, playwright and poet (1564-1616) I thank you Firozali A.Mulla DBA

Firozali A.Mulla DBA

March 4, 2012 5:27 AM

On the eve of a crucial visit to the White House by Prime Minister Benjamin Netanyahu of Israel, that country’s most powerful American advocates are mounting an extraordinary public campaign to pressure President Obama into hardening American policy toward Iran over its nuclear program. Please remember no one is indispensable. Get a new politician he will do the same as the old. This has been will be and we will learn how to tolerate with it. I simply fail to understand the issue of the other war torn Middle East. We have heard about this from 50s and we have not been able to find the solution. Only that we go there and our troops get fatigued as we have at times given the obsolete armaments, they would love to come back home but under the laws, they are to fight the unknown and the known. There has never been any evidence of any settlement with Iran and other states. Even China now says, the Syrian deaths are sad, so will they go there and stop these. No? Why. They want to talk like and they too hate the deaths but we want to carry on talking. It is sad that now the politicians still have to learn how to good leader and not butchers. I thank you Firozali A.Mulla DBA.

Firozali A.Mulla DBA

March 4, 2012 9:44 AM

How can the world listen when we have the different wavelength. A mysterious phenomenon detected by space probes has finally been explained, thanks to a massive computer simulation that was able to precisely align with details of spacecraft observations. The finding could not only solve an astrophysical puzzle, but might also lead to a better ability to predict high-energy electron streams in space that could damage satellites. Jan Egedal, an associate professor of physics at MIT and a researcher at the Plasma Science and Fusion Centre, working with MIT graduate student Ari Le and with William Daughton of the Los Alamos National Laboratory (LANL), report on this solution to the space conundrum in a paper published Feb. 26 in the journal Nature Physics.Egedal had initially proposed a theory to explain this large-scale acceleration of electrons in Earth's magnetotail -- a vast and intense magnetic field swept outward from Earth by the solar wind -- but until the new data was obtained from the computer simulation, "it used to be people said this was a crazy idea," Egedal says. Thanks to the new data, "I don't get that anymore," he says.. I thank you Firozali A.Mulla DBA

Firozali A.Mulla DBA

March 5, 2012 12:17 AM

A blind man leading a blind man Politicians lie a lot
I have reiterated this and am not at all ashamed to say this again. Yes they are worst in the human lot. They will come near you, kiss your baby, “Lovely, baby you. What is her name” It is a he,” Oh so sorry. Anyway we have all types, lovely son, do you go to school son?” “No” Oh that is very sad.” Just tick this square and we will ensure he goes to Oxford as soon as he grows. “Then he turns to the PO and tells him “Get me a piece of cloth with spirit to wash my hands, Gee that kid smell ” I thank you Firozali A.Mulla DBA

Firozali A.Mulla DBA

March 6, 2012 12:41 AM

I am sorry my comments appear in underlining. May be my PC is given hiccups because of power failures we in Tanzania those are daily My apology I laugh at hype justified word. We are never satisfied with all we have. We want of everything but there has to be cut somewhere If you do not someone will. There never was a free lunch but we keep on harping for one that is not in the agenda. I have copied this to answer all the contradictory habits, norms we have in the society that we are trying to get off in few months or even sticking the labels of sorts warning, threats, clubs, batons, but we will not change, we are born no to change our past. I am not saying this as I have the similar habits. 50 years since UK warning, smoking still big killer, Unions urge more investment growth, with what? Call to limit 'unnecessary' prison as we have less cash now. And this is the result. If you do not listen you had it coming. Jobs warning over airport capacity and we want the 3rd Terminal in London. Do you this any of this will work NO, N O, NO, NO ,NO, A win is a win? You think? From the news “"Let me be clear: An operation using lethal force in a foreign country, targeted against a U.S. citizen who is a senior operational leader of al Qaeda or associated forces, and who is actively engaged in planning to kill Americans, would be lawful at least in the following circumstances” When all turn against Putin, Seychelles President James Alix Michel has extended the congratulations of the people and government of Seychelles to the newly-elected President of the Russian Federation, Mr. Vladimir Putin, and has expressed his commitment to the ongoing cooperation between the two states, particularly in the fight against piracy. I thank you Firozali A.Mulla DBA

pharmacist education requirements

March 6, 2012 3:25 AM

You won’t believe this but recently I was sorely tempted to put your site as my personal homepage. I thought that way I would have the ease of assessing the goodness of your web site as soon as I started my chrome. But still, I had to satisfy my temptation with merely bookmarking your site since I couldn’t get rid of my own website from the default homepage option (even though I wanted to). Anyway, do keep your posts updated.

FrineFap

March 6, 2012 9:48 AM

Nathanael Nowick

March 7, 2012 10:34 PM

It’s hard to find knowledgeable people on this topic, but you sound like you know what you’re talking about! Thanks

Konto

March 11, 2012 11:13 AM

Hong Kong today stays one particular of the ideal offshore banking jurisdictions. It provides a excellent mixture of bank secrecy, corporate secrecy, a monetarily and politically secure environment, and robust banks. But probably most importantly, it can be a safe offshore investment haven for those who want to diversify out of sinking western currencies into booming Asian markets, and China in particular.

Izzykonto opinie

March 11, 2012 6:39 PM

Perfect blog! How did you get that layout?

URL

March 11, 2012 10:05 PM

It is difficult to get knowledgeable folks on this subject, but the truth is be understood as what happens you are preaching about! Thanks 105231

Earlean Loomer

March 12, 2012 6:21 AM

k49 2zg pj5z

Izzykonto opinie

March 12, 2012 2:43 PM

Awesome site! Where did you get that awesome layout?

Dexter Valgren

March 13, 2012 2:33 PM

Spot on with this write-up, I truly think this website needs much more consideration. I’ll probably be again to read much more, thanks for that info.

nurse anesthesiologist education requirements

March 15, 2012 4:30 AM

Finally I've found just the information which I have been searching for. You know, it was quite infuriating to surf through a dozen websites and not find the to-the-point stuffs. However, your website was an exception. I can proudly tell that- “See, here’s a site which i value for my study! ”

Sophia Wilks

March 16, 2012 3:11 PM

Izzykonto

March 18, 2012 2:15 AM

Beatiful website! How did you get this layout?

cna certification texas exam

March 19, 2012 4:49 AM

This has to be a very lucky day for me. Generally, I had to browse the web for a long while to obtain the precise information for my little research work. However , today, I merely typed some words with regards to the topic of my work, pressed Enter on the keyboard…and…LOL! Your site showed up on the very first page. And after that, I am proud to say that it merely took me a couple of hours to finish my project work; at other times it typically took me a whole long day to complete the task. Really thanks, buddy! I appreciate your work highly.

Izzykonto opinie

March 19, 2012 11:54 AM

Perfect layout! Where did you get this layout?

Hanh Vanhorne

March 20, 2012 7:57 PM

I was very pleased to find this web-site.I wanted to thank for your time of this wonderful read!! I definitely enjoy every little bit of it and I have you bookmarked to check out new stuff you blog post.

here

March 21, 2012 11:15 AM

Thanks for an unbelievable put up, would see one's others reviews. i appreciate your thoughts with this, I felt a trifle strike by this article. Thanks again again! You wanna make a good time. Portrays natures best by the wonderful info here. I feel that in case a greater number of people thought of it like that, they'd have a better moment in time receive the hold ofing the difficulty.

adoawihga iajdawfgaiugda

March 22, 2012 12:58 AM

gaohfawdaowdihaoiwdhaowidhaowidhawoihdawodihaw

http://basicemttraining.com/standards-accredited-emt-schools/

March 25, 2012 2:29 AM

Although I am an atheist, today I would like to thank God (or whosoever there is) for hearing my prayers. You see, I was digging for a little bit of information on this specific matter, and, here I have discovered not really a little bit but instead, a bigger bit of information. I can’t explain how grateful I am to have stumbled upon your pretty website.

Gregory Despain

March 26, 2012 5:50 AM

wicked post, you really supplied alot of good information here!

hadkfkjgakdlakwgakldjhaw adagawdaw

March 26, 2012 10:22 PM

fdaouhfgauhda aodhaowudhaw ohdoawhdaw

webdesign

March 27, 2012 1:31 AM

Many thanks for an unbelievable publish, will study your particular others posts. i appreciate your ideas with this, I felt a lttle bit thump by this post. Thanks again again! You wanna make a terrific point. Displays the beauty through wonderful report here. I believe if more individuals thought about it doing this, they'd have a very better time receive the hang ofing the situation.

sonic toothbrush reviews 2011

March 27, 2012 6:01 PM

I read this site and got so excited that I tiger punched a chimp!

Compare Casinos

March 28, 2012 7:42 AM

After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.

Neta Probst

March 28, 2012 7:36 PM

very good put up, i definitely love this web site, carry on it

how to use an electric toothbrush oral b

March 28, 2012 8:41 PM

I read this article and got so excited that I tornado kicked my dog!

slotomania hack 2012

March 29, 2012 7:56 AM

Someone essentially assist to make seriously posts I would state. That is the first time I frequented your website page and so far? I surprised with the research you made to make this actual publish extraordinary. Excellent activity!

how to use an electric toothbrush properly

March 29, 2012 9:16 PM

Exciting view on this subject, is it ok if I reference this on my website?

casino

March 30, 2012 12:02 PM

I’d have to check with you here. Which is not something I usually do! I enjoy reading a post that will make people think. Also, thanks for allowing me to comment!

Sylvia

March 30, 2012 12:42 PM

You made a great point but I wonder, what do you think about other side of the coin?

Oem Software buy

March 31, 2012 12:04 AM

ZJD3uN I truly appreciate this article post. Awesome.

Steve Hernandes

March 31, 2012 2:15 AM

I really enjoyed your blog! I put it in my favorites so I can come back again. I found it on Bing.

Leva Pengar

March 31, 2012 3:51 PM

I have fun with, cause I discovered exactly what I used to be looking for. You have ended my 4 day long hunt! God Bless you man. Have a nice day. Bye

Penny

April 1, 2012 2:07 AM

You wrote a good point but I can't help but wonder, what do you think about flipside?

Steve Hernandes

April 1, 2012 4:29 PM

I really enjoyed your blog! I put it in my favorites so I can come back again. I found it on Bing.

Stargames Casino

April 1, 2012 9:37 PM

When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thanks!

William Hill Review

April 1, 2012 10:14 PM

I was very pleased to find this web-site.I wanted to thanks for your time for this wonderful read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you blog post.

Emilio Dante

April 2, 2012 3:57 PM

This is a really very good site post, im delighted I came across it. Ill be back down the track to check out other content that

Rachell Tresch

April 3, 2012 6:36 PM

WONDERFUL Post.thanks for share..extra wait .. …

Post a comment

 

About

Financial markets are on the edge as investors await a solution to the European debt crisis. This blog examines the banks that hold billions of euros worth of Greek, Italian, and other sovereign debt; the governments that must pay off or refinance that debt; and the implications for the worldwide financial system if they can't.

Analyses or commentary in this blog are the views of the author and or commentators, and do not necessarily reflect the views of Bloomberg News.

BW Mall - Sponsored Links

Buy a link now!