Euro crisis starting to decline

[whitedesire]

The Euro debt crisis, whilst still in the doldrums, is starting to subside, Greece are on target with their austerity measures in order that they can get their next Euro loan from the ECB, as is Ireland.

Things are looking up, I still reckon another 5 years though, however, the debt ridden countries such as Spain, Greece, Italy, perhaps another 30 years, and I'm not joking.

[Jun]

Some members of club med are locked into an uncompetitive exchange rate.

I still think it's more likely they lose patience, get civil unrest and political changes which lead to the inevitable disintegration of the Euro. Economics will eventually prevail over flawed politics.