M A I N P A G E


Thursday, December 02, 2010

The kids are alright ........ really. 

posted by Georges @ 04:46

At every presser all we hear is that our Iberian brothers and sisters not only don't need any help with their financial problems, they are positively thriving. Odd then this selection from today's news:

Spain and Italy, the countries that with Portugal appear most at risk from being enveloped by the euro zone's deepening debt turmoil, are leading an effort to spur more decisive action from the European Central Bank in order to prevent the crisis from spreading further.

A €67.5 billion ($88.2 billion) bailout plan for Ireland that European Union governments signed Sunday has offered little relief from the crisis, dashing the hopes of European leaders. Since then, borrowing costs for the three governments rose sharply.
No worries at all, "panic" now being a sign of everything being alright.

|

FAIR USE NOTICE: This site may contain copyrighted material the use of which has not been pre-authorized by the copyright owner. Such material is made available to advance understanding of political, economic, scientific, social, art, media, and cultural issues. The 'fair use' of any such copyrighted material that may exist on this site is provided for under U.S. Copyright Law. In accordance with U.S. Code Title 17, Section 107, material on this site is distributed without profit to persons interested in such information for research and educational purposes. If you want to use any copyrighted material that may exist on this site for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. // AVIS : En vertu de l'article L. 122-5 du Code de Propriété Intellectuelle, ce site Internet peut contenir des citations dont l'usage n'aura pas reçu l'autorisation du détenteur ou de la détentrice du droit d'auteur. La présentation de ces citations se fait dans le but de faciliter la découverte de divers sujets politiques, économiques, scientifiques, sociaux, artistiques, médiatiques ou encore culturels. L'article L. 122-5 du Code de la Propriété Intellectuelle dispose et autorise « les analyses et courtes citations justifiées par le caractère critique, polémique, pédagogique, scientifique ou d'information de l'oeuvre à laquelle elles sont incorporées ». A contrario, les emprunts qui excéderont les dispositions du « droit de citation », devront obtenir l'autorisation du détenteur ou de la détentrice du droit d'auteur.