Whatever (limited) crisis-management credibility the eurogroup finance ministers, the European Commission and the European Central Bank had left has been severely depleted.
Risk of euro break-up now higher than ever before - European Economic News | EU Budgets, Trends & Spending | Irish Tim - Fri, Apr 05, 2013
Here we are again - back at the precipice.
Of course the spoofers will always claim that we recede back from the precipice but we also end up returning.
Every time we return the is ante is upped & another Country is weighing down on the rest.
Dan "Boy" O'Brien has becoming increasingly more pessimistic of late & I'm with him.
With Grillo, France's 3 Million Unemployed, Spain worsening, Greece, The Cyprus Shambles, Hidden Sov Debts & State of Europe's Banks- this show ain't leavin no town soon...