Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
An extract from this morning's "Markets live" webchat on the Financial Times :

FT Alphaville

I think Powerfrau and Co have decided to cut Greece loose. They are goading them to leave the Euro. And instead all firepower will be directed at saving Portugal.

Actually just realized a load of short term Portugal paper being auctioned this morning.
Get this: Bid to cover on three month paper 10.3 times
 That's insider trading.
 Greece is toast; Portugal will be saved.

Their thesis is that

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Wed Feb 15th, 2012 at 08:02:11 AM EST
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