Hi Guest IMO the ECB should be buying at lower levels, there is no reason for burdening these economies with high interest rates at a time when they can least afford it

Spain borrowing costs leap at bond sale

Yes Greece will survive but the Greeks won't. How can they buy their BMW's and do their European holidays with a currency which will be worth 50% of the EUR?

There's No Gentle Way for Greece to Exit the Euro

I know but they are not leaving... I'd say don't give them any more loans. Personally I blame the Eurozone finance ministers for this mess because they didn't take action earlier. Now more drastic measures are required. 1. The ECB should now ...

There's No Gentle Way for Greece to Exit the Euro

Yes it is falling for now but only because of Greece

Euro off 4-month low, but Greek exit fears sour mood

How did you work that one out? I think you'll have to drag them out because they won't be leaving by themselves

Tsipras: Austerity will send us 'directly to the hell'

But the Greeks don't want to leave because they know that with a new devalued currency their living standards will fall. Even the extreme left party in Greece says they'll stay and there are no mechanisms to kick a country out of the Eurozone. I ...

Euro off 4-month low, but Greek exit fears sour mood

Sad isn't? You'd think that with all the money they've been printing they would have improved the US economy but just throwing money at a problem doesn't solve the problem

The Rise Of Dependency And The Hidden Depression

I think he refers to the spiraling decline of the Greek economy. Normally you would cut expenditure and at the same time you'd introduce a growth program to stimulate the economy. This hasn't been done in the case of Greece and to an outsider like ...

Tsipras: Austerity will send us 'directly to the hell'

Even if there is no news the big boys will create news They do it all the time

ECB stops monetary operations to some Greek banks as recapitalisation not in place, according...

what's wrong with creme caramel? Yum

Bland Mr Creme Caramel who always knew he'd be president

Funny how gold is going down. I wonder how safe paper money is......

Greek exit panic sends UK borrowing cost into a dive

fxsport Why did you liquidate your EUR shorts? did you see the divergence or is it something else? I'm about to do the same. Btw, a lower EUR will be good for tourism which is the main business activity in countries like Greece

Juncker slams 'propaganda' of Greek euro exit

The Euro is oversold. It looks like the Greeks will go to new elections. Perhaps it will even require more than 1 election before they form an elected government but eventually there will get 1 just like they got 1 in Belgium after many months of ...

Euro wobbles near 4-month low as Greek deadlock continues

fxsport What timeframe is very quick? For an orderly exit (if the majority of the Greeks agree to exit after the next election or perhaps 2 more elections) I bet it will take months to prepare and print new currency. Its not a matter of believing ...

Juncker slams 'propaganda' of Greek euro exit

What Junker says makes sense to me, the Greeks will eventually form a government and their new government will decide what to do next but an exit from the Euro isn't something they can do overnight with no preparation and no government

Juncker slams 'propaganda' of Greek euro exit

thanks for the tip, I'll check it out

Australian budget set to return to surplus this year

Companies don't need to be growing constantlly at an agressive pace, we're using up far too many resources, we should leave some for future generations....

Companies must raise £28 trillion to finance 'wall' of debt

IMO things should improve further from now on, there will also be the family cash bonuses paid out soon so retail figures will go up

Australia jobless rate in surprise fall

Loadedgun Is it fair to say that a currency like EUR when it gets to a certain level will be subject to intervention and as such it will move within the acceptable range? They've let if fall a lot from its peak so perhaps they won't let it fall much ...

Euro Price Action Increasingly Bearish But Yet to Close Below Key Barrier