Euro down to lowest in 11 years as Spain crumbles and investors flee

Tuesday, July 24th 2012 - 06:26 UTC

Full article 8 comments

The Euro weakened to the lowest in more than 11 years against the Yen as investors sought safer assets amid mounting concern that European leaders are failing to control the region’s debt crisis. Read full article

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British_Kirchnerist
Austerity has failed
Jul 24th, 2012 - 11:30 am - Link - Report abuse 0
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Spainexpat
Austerity hasn't failed, the euro has. It was always going to cause problems with individual countries unable to control their own currency, rates etc..
Jul 24th, 2012 - 11:33 am - Link - Report abuse 0
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aussie sunshine
Good!! with the euro down exports will increase and if exports increase jobs will be created.
Jul 24th, 2012 - 12:20 pm - Link - Report abuse 0
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Conqueror
Agrarian societies versus industrial societies. Agrarian societies include Ireland, Portugal, Greece, Spain, Italy. And take account of southern indolence. Northern industrial societies are doing better, except when they are trying to support southern indolence. Of course, argieland is basically agrarian and lazy. And stupid. So where is argieland headed? Galloping inflation, of course. Plus starvation, rio.....sorry, civil unrest, armed rebellion, civil war. At least it might stop them annoying other people. Sorry again. That should have read “At least it might stop them annoying people.”!
Jul 24th, 2012 - 12:35 pm - Link - Report abuse 0
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aussie sunshine
yeah but industrial societies have to eat! and if there is no Agrarian societies I guess the industrial societies won´t be farting much. LOL
Jul 24th, 2012 - 12:37 pm - Link - Report abuse 0
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briton
Merco Press

A bit over the top,

Buildings crumbling , roads collapsing, , Spain crumbles into the sea, to join Atlantis,
And the fleeing investers all legging it over the border, with there pockets stuffed with,
Mmmmm pounds, running all the way to London .lol

Its not that bad, just yet,
Now then, when Germany says nien nien, , then it might get bad .

.
Jul 24th, 2012 - 12:58 pm - Link - Report abuse 0
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aussie sunshine
@ 6 Yes Germany rules the waves nowadays!!
Britain has fallen behind. oh Well what a shame.
Jul 24th, 2012 - 08:21 pm - Link - Report abuse 0
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briton
it is better to be 2nd to someone,
than first in fron of no one,

it spoils all the fun .lol.
Jul 24th, 2012 - 09:05 pm - Link - Report abuse 0
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