Wednesday, October 19, 2011

Sarkozy in Frankfurt meeting Merkel, Lagarde & Trichet

The surprise meeting comes as progress towards the euro, possibly even the EU's disintegration gathers pace. Reuters report is here. More from the WSJ here.

Rumours, earlier in the day, questioned whether the second Greek bailout might even be officially abandoned, confirming what many have long suspected, particulalry this blog, that the deal would never work, since its first announcement on 21st July, at what became a long and agonising summer of pure pantomime!!!

Perhaps the protesters on the streets of Athens today are finally being noticed in the EU's corrupt and thoroughly rotten corridors of power!

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