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Re: Baltic union: There will be a Baltic union even if the EU blows up. The Baltic Rim wants such a union because they are scared of the Large Neighbour to the East, and Germany wants one to consolidate its sphere of interest in the East. You will notice that for all the German whining about giving money to Southern Europe, nobody is commenting on the ongoing meltdown in East.

Re: Scandinavian exposure to Mediterranean debts: That's correct. The Scandinavian exposure is to Baltic debts. Which are not that much better, but much less talked about.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Sep 1st, 2011 at 03:16:36 AM EST
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