Friday, August 12, 2011

Greece faces Total Economic Collapse - Eurozone production falls 0.7 %

Two links, backing up the headline for this posting and requiring no further comment from this blog, apparently still not pessimistic enough -  Greek collapse and EU Industrial Production

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3 Comments:

Blogger Sue said...

At the beginning of next month, they're putting VAT up increase from 13% to 23%. It will kill the holiday trade and catering industry.

3:18 PM  
Blogger Martin said...

Yet the same medecine is about to be applied to Italy. A Dutcg Weekly magazine due out tomorrow, will carry a headline giving the cure for the Euro as EU withdrawal, so progress is being made!

8:13 PM  
Anonymous Anonymous said...

Greece will soon be history...the euro zone will drop out of the world economy.

4:28 AM  

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