montyracing2
At the Start
Glad as I am, it didn't take Davy boy long to feel brave about putting a gun to the Euro's head ('fix it or else').
This, only a day after his next door neighbour, Georgy, was pleading with everyone to stop talking up the Euro issue.
Interesting piece in the BBC (Robert Peston) about TARGET 2. Whereby the Bundesbank has to replace any withdrawal made from a Greek bank, if I'm reading it right.
Now, if you were Greece, I'm sure you could find a way of replacing all those tired old drachma account holdings with shiney new Deutschmark ones.
MR2
This, only a day after his next door neighbour, Georgy, was pleading with everyone to stop talking up the Euro issue.
Interesting piece in the BBC (Robert Peston) about TARGET 2. Whereby the Bundesbank has to replace any withdrawal made from a Greek bank, if I'm reading it right.
Now, if you were Greece, I'm sure you could find a way of replacing all those tired old drachma account holdings with shiney new Deutschmark ones.
MR2