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Just a quick note on the euro situation.
A peculiar feature of the euro situation is that the solutions to it are economically obvious.
"There are still some problems out there, the euro situation being one".
Europe's inability to master the euro situation and numerous signs that growth may be stalling in the United States and China have raised alarm bells around the world.
Finally, the whole euro situation is fraught with multiple equilibria and the risk of self-fulfilling panics — which means that there can sometimes be disproportionate responses in a way that doesn't make sense when we're talking about budget cuts.
The only time they touch on Europe is when George Osborne gives a summary of the euro situation, after which Clegg always blames the Germans and Ken Clarke says it's a big mess.
Similar(53)
That bodes ill when the EU should be facing up to the task of trying to make Europe function at least tolerably when most of its members wish, for the moment – and it could be a long moment – neither to move forward to fuller integration nor to revert to the pre-euro situation.
Yes, the world is hoarding dollars until the euro-situation comes to its point of resolution.
"We are really operating in a twilight zone for markets," Mr. Lewis said, referring to what he described as a lack of clarity from the economic data and the euro zone situation.
The move reflected the distress among automakers and other manufacturers here over the pound's high value relative to the euro, a situation that has made British exports to Europe expensive.
Large global Italian manufactures, like Finmeccanica, are being forced to source work to supply chains from "low cost" non-Euro countries.This situation is not unique to Italy.
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