Greek banks are in a perilous state. Parliament has introduced an EU tool aimed at sharing the pain in a failing bank and avoiding its collapse. Oliver Burrows of CRT Capital explains how this would work and whether it could be a Europe-wide blueprint.
► FT Markets: http://bit.ly/1J5HNd3
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Global Macro Monitor
Germany succee-d colonization of Mediterranean regions. Benign negrecto? don’t think so.
German eager beavers, Greco party goers… will never change mucho. From developing Asia.
– Lust