The Indian government has a plan for the collapse of EMU

 The article in the Hindustan Times is linked from here.

It appears the end of the Jubilee celebrations in London which have closed marketsn in the City of London for the past two days are perhaps coming just on time, as the Spanish Budget Minister reports international credit markets are effectively closed to his country at present interest and nothing has yet been done to clarify from where Bankia will obtain the funds it needed days back!