Monti lashes out at Germany ahead of summit - FT.com

Monti lashes out at Germany ahead of summit By Guy Dinmore and Giulia Segreti in Rome and Peter Spiegel in Brussels ©Reuters Mario Monti has set the stage for a tough fight with Germany at the EU…


Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout | ZeroHedge

Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout Submitted by Tyler Durden on 06/09/2012 14:52 -0400 Bank Run Bond Bridgewater CDS Creditors European…


Euro like a bad marriage that's too expensive to leave

I've been struggling with a metaphor to describe the state of affairs in Europe.  I've got it now.  It's a bad marriage .  All parties now realize they'd be better off ending it except they can't…


Soros says Europe has three months to avoid catastrophe

I don't pretend to know what's going to happen but I've said many times, the world would be much better off without the euro.  For reasons beyond my comprehension, the Europeans seem hell bent on…


Spain’s Banking Rescue Should Become Example for Europe - Bloomberg

Spain’s Banking Rescue Should Become Example for Europe   Europe’s leaders can’t save their currency union without figuring out a way to salvage the region’s banks. Spain is a perfect place to…


Germany must defend the euro | George Soros

It should be recognized that a disorderly default or exit from the eurozone, even by a small country like Greece, would precipitate a banking crisis comparable to the one that caused the Great…