European Union countries giving up sovereignty to the bloc is crucial for its future, Prime Minister Rajoy told reporters… I suspect Merkel told him to say that.

Rajoy also said all eurozone countries are reviewing growth forecasts because the economy is worse than forecast.

PIMCO’s Bill Gross was on twitter saying to sell the euro a short time ago.

Gross Pimco

The again, he also said to buy gold at $1500 last week.