Greece now wobbling like a cheap jelly.

Things are definitely not looking good for Greece today - various snippings from FT Alphaville (also Reuters, Zero Hedge and Bloomberg) Firstly, the Greek government seems to be in need of a new calculator : The EU released figures that showed Greece’s 2009 budget...

Aircraft grounded with engine damage in Belgium.

News from Business Insider (that the BBC appears to be ignoring completely) that a World Airways cargo jet has been grounded with engine damage in Belgium : A World Airways cargo jet was grounded in Belgium today and its engines are currently being...

Dylan Grice – thoughts on Europe

Once again, Zero Hedge has an excellent article by Dylan Grice, marooned in Helsinki due to the flight ban,  on Europe, its currency and what the future may hold - as a taster : It?s a good vantage point to think about the euro and the problems that currently blight...

Greece to voluntarily go bankrupt?

An interesting (if unsourced) piece at Zero Hedge regarding market rumours of a voluntary Greek debt exchange : The Greek 10 Year (well technically 9.5 Year) just passed 8%, 8.003% to be precise. The reason: increasing market rumors that the country is contemplating a...