Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Once out of the Euro, they would be free to recapitalise their banks with newly printed money. Or by telling their creditors that it's just too bad to be the creditor of an insolvent institution.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun May 6th, 2012 at 05:26:40 PM EST
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