Wednesday, July 11, 2012

FINLAND'S PM: EURO SITUATION IS VERY DANGEROUS

... Finland’s prime minister, Jyrki Katainen, issued a warning Wednesday that the euro’s predicament was as perilous as at any time in the past two years.... In an interview with Finland’s biggest daily, Helsingin Sanomat, Mr. Katainen said the last time things were so critical for the euro was in May 2010, when leaders scrambled to bail out Greece for the first time and assembled a rescue fund. 
“This situation is dangerous, very dangerous,” he said.
YES, AND THE EMERGENCY MEASURES ARE FAILING AND MAKING THE INEVITABLE BREAK-UP OF THE AWFUL EURO WORSE.



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