- Germany always does the minimum to preserve union ( do you get the feeling he’s not fan of Germany?)
- Germany has wittled away at concessions its made
- The Euro is here to stay
- Austerity program is pushing the European union into recession
- Yen will create pressures on Europe
- There a likelihood that the recession will deepen in Europe, but the situation is calmer
- European banks are improving ( Monte Paschi??)
- Fundamentals in Europe aren’t being addressed
Speaking in an interview on Bloomberg TV
