The G20 meeting in Seoul has it's share of handwringers.
European Commission President Barosso happily sat on the fence while the Irish economy took another hit. "we have all the essential instruments in place in the European Union and euro zone to act if necessary, but I am not going to make any speculation".
The costs associated with insuring investors against Ireland, Spain and Portual defaulting on its national debts reached new highs yesterday.
Will the ECB, by which I mean the Germans really have to get involved in guiding Lenihan and Co. out of the mire? There has been talk of the ECB having representatives in Dublin, but it's being kept very hush-hush.
Watch out for US investment company Loomis Sayles getting into trouble. They're the ones buying up Irish bonds at the moment.
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