Fri 10:51pm


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I think it's just badly worded - he's actually the Springer director?

I have Varoufakis’s book - maybe I should read it! I agree that it’s really down to whether the Italians are prepared to defy the EU/German concensus and risk crashing out of the Eurozone with huge contagion across Europe. Greece was too weak to stand up to the EI and Italy first folded the last time Merkel/Sarkozy forced Berlesconi out. Personally I think the Italians…

A pal who works for a leading British bank told me they have done research which shows that it would take two years with all bank note printing factories in Europe at full stretch to print enough new lira notes if Italy was to leave the Euro. Not sure what tells us other than to but De La Rue if Italy shows signs of crashing…

Anybody any idea why LON:IBPO shot up 20% this morning before falling back to +14% at time of writing?

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