They just can’t help themselves. Go on call into question the Greek aid package why don’t ya. EUR/USD slips back to 1.2975 at writing.

JUst hearing Russia seller of EUR/USD in recent trade.

Right what other nuggets we got from Angela

  • Greek aid plan is about the future of Europe and Germany in Europe
  • Without us there can be no decision which is economically sustainable
  • Europe is at a fork in the road on question of Greek aid
  • Greece has pledged to take the toughest measures on its deficit
  • There is no alternative to backing Greek aid for the stability of the euro zone (doesn’t that somewhat contradict headline?)
  • Aid must come to avoid risk of contagion
  • We must curb speculation on markets
  • Conditions on aid package for Greece have been met
  • Banks must not shirk responsibility in helping Greece
  • Banks must keep credit lines open to Greece
  • We should heed IMF advice against international financial market transaction tax
  • We should heed IMF advice in favour of taxation of bank pay and profits
  • We need more regulation on derivatives, hedge funds
  • Need more economic and financial policy coordination in Europe
  • EU budget deficit sinners should suffer temporary loss of voting rights