Saturday, December 17, 2011

Portuguese Socialists Threaten "Economic Atomic Bomb"; Fitch Sets France Rating Outlook to Negative; Head of French Central Bank Attacks UK and Rating Agencies

"Splintering and dissent continues in a major way as Christian Noyer, head of the Bank of France, attacks the fiscal rating of the UK following a negative outlook review of France by the rating agencies. In Portugal, socialists talk openly of default as a weapon.

Portuguese Socialists Threaten "Economic Atomic Bomb"

Ambrose Evans-Pritchard at The Telegraph writes Talk of 'nuclear default' sums up Left's anger at EU dictates..."

at http://globaleconomicanalysis.blogspot.com/2011/12/portuguese-socialists-threaten-economic.html