GREECE AND FRANCE FAIL TO ACT IN WAYS THAT WILL HELP EURO

Greece's coalition government has once again failed to agree on further austerity cuts which are required under the terms of the EU-IMF bailout plan. 

Leaders from the three coalition parties have held two meetings in less than a week, but will require at least a third to finalise a plan. 

Earlier today, the Italian Senate passed some severe spending cuts and the measures now go to the lower house of parliament for consideration. 

In France, a budget amendment was also passed by politicians, which raises taxes on businesses and the wealthy but does not cut-back spending significantly.

BECAUSE THE NATION STATES WON'T DO WHAT IS NEEDED TO SAVE TH EURO - (AND I DON'T BLAME THEM; THEY STILL HAVE A LITTLE DEMOCRACY AND DO WHAT THEY WANT) - THE EURO WILL FAIL - AND SOONER THAN YOU THINK.