I do not yet know what to make of what happened in Brussels last week and what the consequences will be for the UK as a result My feelings are these: 1. I think the EU has failed to reach an agreement that will solve the current financial crisis. I think this agreement will fail [...]
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Edinburgh, London, Paris, Munich – everyone talk about – the Euro!
Today Angela Merkel and Nicolas Sarkozy met for make or break talks to save the Euro. If they implement what they have agreed the Eurozone will become essentially both a monetary and a fiscal union. If they fail, the enormous debt mountains threaten to bury the currency, along with several countries and with it perhaps [...]