FT; The worst of the euro crisis is yet to come
http://www.ft.com/cms/s/0/4cd8efda-d4cc-11e0-a7ac-00144feab49a.html#axzz1X0qxVdO4
..FT: Greece defends progress on reform ….Greece’s finance minister has staunchly defended his handling of the country’s relations with international lenders, accusing his critics of promoting “a mood of uncertainty and scaremongering”
http://www.ft.com/cms/s/0/35672b54-d6f3-11e0-bc73-00144feabdc0.html#axzz1X0qxVdO4
Angela Merkel slumps to defeat in home state elections : Angela Merkel’s coalition is on the brink of defeat in elections for her home state, in a poll dominated by criticism of German chancellor’s handling of the eurozone crisis
http://www.telegraph.co.uk/news/worldnews/europe/germany/8740540/Angela-Merkel-slumps-to-defeat-in-home-state-elections.html
http://www.ft.com/cms/s/0/4cd8efda-d4cc-11e0-a7ac-00144feab49a.html#axzz1X3XLe7DH
To add to the Eur bad news from DJ – The Slovakian parliament won’t vote on changes to the European Financial Stability Facility’s lending capacity before December, Reuters reports on its website Sunday, citing the head of the junior government party. Richard Sulik,head of the Freedom and Solidarity party, said there would be several votes on EFSF-related matters, adding “There is no way for them to happen before December,” Reuters said.
IMF: global economy faces a ‘threatening downward spiral’
The International Monetary Fund has called on the US and Europe to abandon fiscal austerity and switch to stimulus measures, warning that the global economy faces a “threatening downward spiral”
http://www.telegraph.co.uk/finance/financialcrisis/8740736/IMF-global-economy-faces-a-threatening-downward-spiral.html
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