Eurozone will survive debt crisis intact
Posted by seumasach on December 13, 2012
Bad news indeed for City of London/Wall Street interests. The euro survives as an alternative investment option and attention returns to the viability of the dollar/pound as global trading currencies
11th December, 2012
A year ago it was the eurozone that was heading at high speed towards the cliff edge. Fears that Europe’s monetary union was about to break up were commonplace. Spanish, Italian and Greek official borrowing costs were soaring. Mario Draghi, the new European Central Bank president, had ruled out acting as a lender of last resort to governments.
In These New Times 
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