According to the Twitterverse, German Finance Minister Wolfgang Schaeuble has said that Greece will need another aid programme.
This should come as no surprise, given that the Bundesbank said the self same thing the other week.
Popular Posts
-
As expected China's economic growth slowed to 7.5% in the second quarter of the year. The Chinese statistics bureau said the slowdown...
-
In May Greek youth unemployment was almsot 65%, in June it showed a slight "improevment" falling to 58.8%. However, when compared...
-
Last week I wrote that Greece had been given a three day deadline to reassure Europe and the International Monetary Fund that it could del...
-
As sure as eggs are eggs, the Office for National Statistics (ONS) has revised its figures yet again. This time the revision brings some go...
-
UK construction activity rose in July to its highest level since June 2010. Reuters reports that the Markit/CIPS construction PMI rose to 5...
-
I see that Barclays is fond of playing Monopoly, and has managed to create a bank error (for once in its customers' favour) that will en... -
As loyal readers know, I have on numerous occasions noted that the financial services industry in the UK has tarnished its image because of ...
-
Ed Davey, the Energy Secretary, has pleaded with energy companies to explain their profits ie to be more "transparent". Ofgem h...
-
Following last week's website crash on its relaunch, the TSB has yet again managed to drop the ball; this time by mis-spelling Ashtead ...
-
Youth unemployment in Greece has risen to a shocking 64.9% in May. Levels of unemployment such as this are normally associated with third ...