Saturday, March 26, 2011

Cameron “declined to comment on their financial situation”

Portugal crisis deepens even as EU agrees new eurozone fund

"Estimates of how much that bailout will be start at about €70bn (£62bn), well within the limits of the ¤440bn emergency rescue fund which the EU leaders agreed to strengthen on Friday".

Posted by alan @ 11:14 AM (2754 views)
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3 thoughts on “Cameron “declined to comment on their financial situation”

  • general congreve says:

    Wasn’t like the bank stability tests proved to be bogus, or that despite repeated reassurances Ireland has been back with the begging bowl over and over and is about to come back again. Just keep on increasing the size of the bailout fund and I’m sure everything will be ok. Spain? Italy? Belgium? Nothing to see here, move along now…

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  • The real question is how long can the Euro and this incestuous debt fund fraud survive, before they have to admit this game of musical chairs is over?

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  • The odd thing about Portugal is that when you crunch the numbers, their economic problems are not that difficult to resolve..

    ..a little extra taxation coupled to a little less spending will bring things back on track – compared to Japan’s problems; a walk in the park..

    But the Portuguese electorate is in no mood to cooperate..

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