The state of the Eurozone:
Greece and the IMF: Three years of not understanding each other: “Three years ago, then Prime Minister George Papandreou stood on Kastelorizo’s harbor as the Aegean glistened in the background and children yelped with joy. The ensuing period has proved anything but sun-kissed child’s play for Greece” – by Manos Symeonakis – http://insidegreece.wordpress.com/2013/04/25/greece-and-the-imf-three-years-of-not-understanding-each-other
The great Spanish nation can end its crucifixion at will by leaving EMU: “The mind goes numb. Spanish unemployment jumped by yet another 237,000 people in the first quarter to 6.2 million, or 27.2pc. This is equivalent to roughly 8.3 million in Britain, or 39 million in the United States. The country is losing 3,581 jobs a day.” by Ambrose Evans-Pritchard – http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024242/the-great-spanish-nation-can-end-its-crucifixion-at-will-by-leaving-emu/
Via Meadia: “What does it mean for the euro that, on paper at least, Spaniards, Italians, and Cypriots are much wealthier on average than Germans? That’s the question Wolfgang Münchau tackled in a must-read column in the Financial Times” – http://blogs.the-american-interest.com/wrm/2013/04/15/the-wreck-of-the-euro/
Tags: Eurozone