Here Is Europe's Initial Attempt To Derail The EUR
Some headlines out of a freshly striking Greece, which is doing all it can to remind the world, suddenly, that things in Europe may go full circle back to the conditions from May:
- PAPANDREOU SAYS CONCERNED ABOUT GREECE GOING FORWARD
- GREECE IS STILL IN A STATE OF ALARM, PAPANDREOU SAYS
And here is G-Pap reprising in his role as the US president:
- PAPANDREOU ASKS GREEKS TO CAST A VOTE OF HOPE, CHANGE
- PAPANDREOU ASKS GREEKS TO REJECT CASTING VOTE OF PROTEST
Either this is an attempt to reincite a EUR currency panic, or just simplistic fear mongering to prevent an all out rout in advance of the local elections in November. Our take: a little of both.