Italian economy latest to trouble Mickey Mouse Euro currency (03Aug11)

[somename99]

The Euro is perfectly sound in principle the only issue is poor implementation, it would work fine if they had more fiscal rules, Euro wide bonds, etc or reduced the variance of member economies by not having the likes of Greece, Ireland, Portugal,etc in it.

[Synnerligen]

@somename99

True.

[eannamc]

Such negative attitude is unsurprising, well if the UK doesn't want to be part of Europe. Then why don't you take your money and float your country out into the Atlantic and park it beside the Americas. You might find the location more suiting

[ljlondon]

Let the Euro crash. The UK must not put any money in. The EU is corrupt and inefficient and will not last. All the EU politicians should have to get proper jobs.

[2010butchd]

loks like the banks are rubbing their hands for then next lump of money paid to them under the name of a bailout

[daviddalbylive]

Mamma Mia someone want Italy's Gold.

[exnemocpt]

@daviddalbylive

exactly...

[bohemianh]

Pay back debts? Crazy you lucky if it all doesn't default. Banks in America are losing millions if not billions each quarter!

[AnnoyedDragon]

How many countries that they declared wouldn't encounter problems, are now receiving bailouts?

[liarpoliticians]

@AnnoyedDragon The Europeans will cook however many books it takes to save their Mickey Mouse Euro currency. It's plain to see the currency is failing, and will fail, it's unstoppable. Back to separate currencies.