Tuesday, June 12, 2012

How quaint....

From the Telegraph:

The French Finance Minister believes Italy is a “solid economy” with “strong fundamentals”. Pierre Moscovici was asked whether the eurozone focus will turn to the country following the Spanish bailout.
He added that the bailout is "decisive" and "convincing". Moscovici said that estimates of a €100bn bailout are too high, and the next few weeks will be "very important" for the future of the euro.
Ah well, why didn't you say so earlier? That's me convinced.....