Cries of pain are emanating from all corners of the highly indebted eurozone, as governments in Ireland, Spain, Italy and Greece career ever closer to default. The euro is a common currency between 'our' countries, they say, and so those countries' governments should all stand or fall together, and issue debt linked together, guaranteed by all governments of the eurozone acting as one.
Posted on The Tap Blog
Wednesday, 21 January 2009
The Collapse Of The Euro Area
